Radiocor News

Italy Q1 house prices down 0.2% qtr/qtr, up 4.4% yr/yr

(Il Sole 24 Ore Radiocor) - Milano, 20 giu -In the first quarter of 2025, Italian prices for houses purchased by households fell by 0.2% compared to the previous quarter and rose by 4.4% year on year, matching the annual growth rate seen in the previous quarter, data from statistics institute Istat showed.

Compared to the year earlier, prices for existing house prices in Italy grew by 4.9% in the first quarter, accelerating from the 3.4% rise seen in the fourth quarter.

Annual price increases for new houses slowed strongly in the first quarter, falling to 1.5% in the January to March period from 9.2% in the fourth quarter of 2024.

Household purchase volumes have increased, rising by an annual 11.2% in the first quarter after rising by 7.6% in the fourth quarter, according to data from the property market observatory of the Italian revenue agency.

Istat said the small quarter-on-quarter decrease seen in Italian house prices in the first quarter was due solely to new house prices, which fell by 8.7% in the period. Prices.

for exising houses instead grew by a quarterly 1.7%.

(RADIOCOR) 20-06-25 13:28:02 (0296) 5 NNNN

 


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