The Real Estate Market Strengthens: Sales, Mortgages, and Property Values on the Rise

The Italian real estate sector is experiencing renewed momentum. According to the 2024 Notarial Report, residential property sales increased by 15.8% compared to the previous year, reaching 634,498 transactions, in line with the pre-pandemic market.

Property prices are also climbing: the average home purchase value has risen to €166,395, marking a 7.8% increase from 2023.

The mortgage market is showing positive signs as well: +5.7% in the number of contracts and +9.1% in total funding issued, driven largely by first-home purchases.

📌Lombardy leads the way in number of transactions, followed by Piedmont and Lazio. Meanwhile, interest in second homes is also growing, particularly for investment purposes or to improve energy efficiency.

📊 Young buyers aged 18–35 account for 26.5% of purchases, while 55.3% of residential properties were bought using first-home benefits.

If you’re thinking of buying or selling a property, now is the ideal time to explore new opportunities.

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