Manya Rathore
Research expert covering India
Residential real estate in Italy - statistics & facts
The Italian residential real estate market stagnated for the second consecutive year in 2023, but growth is expected to resume in 2024 and continue until 2028. By 2028, the value of housing transactions is forecast to increase by approximately 10 billion euros. In Italy, an overwhelming majority of the population lives in owner-occupied homes, and houses or flats are considered a safe investment. North-Western Italy – the region of cities such as Milan, Turin, and Genoa - is the most dynamic macro-region in the country, concentrating one-third of transaction activity in the housing market. In particular, the region of Lombardy registered the highest number of transactions and transaction value.
