The residential property prices in Italy are close to stability.
After years of drastic declines, according to the Observatory of Immobiliare.it, the leading internet site of real estate ads in Italy, the second half of 2016 marked a drop in prices by 1.2%. I
t is more moderate swing detected by the portal in the last three years. In December 2016 the average cost of residential real estate in Italy amounted to € 1,940 per sqm.