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Italian real estate is getting cheaper

Market overview

22.11.2011

Homesoverseas.ru editorial office

108

Property prices in Italy decreased by 0.7% in 13 major cities of the country for the year to June 2011, according to online source Property Showrooms , Referring to the consulting and research firm Nomisma. The company Nomisma expects a further decline in prices in the Italian housing market. However, according to Global Property Guide data on the state of the country's real estate market, the market prospects appear mixed. Nevertheless, real estate experts are looking at the situation optimistically, expecting more sales in the coming months, according to a study of the central bank of Italy for October 2011 HomesOverseas.ru

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