Italy, third quarter 2010. Official figures from ISTAT, the national statistics body, show a 3.4% decline in national property sales when compared to the same period in 2009, noting also that the decline was less in the residential market as compared to the commercial one. Full PDF from ISTAT, in English Property for sale in [...]
Not exactly popping-the-prosecco stuff, but the third annual Nomisma report on the state of the Italian property market is slightly more upbeat than the last one was. The report (PDF download here, Italian only) sees a residential market that is slowly recovering and that is leaving the cycle of decreasing house prices. The main prediction [...]
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