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Sogeea: the number of auction houses down sharply (-25.2%)

Posted: 9 July 2018

According to the six-monthly report by Sogeea, the number of auction houses in Italy has decreased by 25.2% in six months: in fact, 14.701 procedures are underway, compared to 19.650 recorded last January.

This is the third consecutive drop in the sector, which in the last year and a half has experienced a real crash: compared to the beginning of 2017, when it had reached 33,304 units, the total number of houses sold for forced sale fell by 55, 9%.

The decrease affects substantially all the price ranges of the properties in a uniform manner.