Tuesday 22 March 2011

House prices in Italy stable at pre-crisis levels

Unlike most countries in Europe, Italy did not experience sharp house price falls with the global financial crisis. After rising more than 70% from 1998 to 2008, the house price index has largely been unchanged since the crisis, falling 0.3% y-o-y to H1 2010 (the most recent data available), according to the Bank of Italy.

(http://www.globalpropertyguide.com/Europe/Italy/Price-History)