Italian house price falls continue, amidst prolonged recession
This content is archived.
Italy’s house price index fell by 4.64% in 2012, according to Eurostat (-6.94% after inflation). This follows almost four years of house price falls.
From 2000 to H1 2008, house prices surged by 85% (53% inflation-adjusted), based on figures from Nomisma. However, house prices started to fall in H2 2008, mainly due to the global financial meltdown. From H2 2008 to 2011, house prices fell 8.6% (-14.3% inflation-adjusted).
The rest of this archived report is part of Full Access.
