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Housing prices continue to fall in Italy

10.10.2013
Homesoverseas.ru editorial office
35
In the second quarter of 2013, prices on the Italian real estate market continued to decline, but the situation remains unstable, reported online source PropertyShowRooms.com citing official statistics. Compared with the first quarter of 2013 real estate in Italy fell by 0.6% and for the year - by 5.9%. In the market of new housing in the second quarter, prices fell by 0.8% compared with the previous quarter, while in annual terms - by 2.6%. The cost of the secondary real estate fell by 0.6% in the second quarter of this year, and for the year - by 7.4%. As the source notes, such factors are associated with an unpopular property tax (IMU), which was introduced by Mario Monti, at the beginning of 2012, in order to reduce the country's budget deficit. Earlier it was reported that Italian Prime Minister Enrico Letta decided to abolish this tax in 2014 HomesOverseas.ru
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Elena
I will buy a studio apartment in Lombardy, near Switzerland up to 100,000 euros.
3 of Nov 2013, 10:59:09
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