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Italian Real Estate prices still falling in 2010 – report

Italian Real Estate prices have fallen by 2.5% in 2010 (compared to 6.8% in 2009), but 2011 will see a slight increase of 1.2%.
These figures were presented at ‘European Outlook 2011′, a forum run by Scenari Immobiliari, an ‘Independent Institute for Analysis and Research’.

This 18th convention also reports that the total voulme of sales rose by 3.4% compared to last year, and this growth will continue in 2011, albeit only marginally; a return to significant growth has ‘been postponed’.

Link to a PDF press release from Scenari Immobiliari (Italian only)
Italian Real Estate sales from keyitaly

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