Italy's housing market improving
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House prices are still falling in Italy. But the rate of decline has slowed during the past several quarters, after five years of continuous declines. House prices have fallen a total of about 20% since 2008.
Italian house prices are projected to drop by another 2% this year, before registering a minimal growth of 0.9% in 2016 and 2% in 2017, according to the research house Nomisma. “Unless the economy worsens further, a timid price recovery is expected at least in the cities in 2016,” Nomisma said.
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