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Return to growth for southern Europe real estate

Posted: 16 September 2016

2016 is expected to be the year in which real estate markets in southern European countries redeem themselves.

According to forecasts calculated by independent research institute Scenari Immobiliari, the Italian real estate market will end the year with total sales of €121 billion, back to 2010 levels and a 3.6% increase on 2015.

The forecasts for Spain are also good, where growth is estimated at pre-crisis levels of 10.5%.