The brick remains in crisis, housing prices down 4.2% in 2014 – BorsaInside

The brick remains in crisis. Image: Shutterstock

The real estate market remains crisis . I housing prices fell last year in Italy the 4.2 % . He informed the ‘ Istat . In 2013 the annual change was equal to -5.7%.

The office of Statistics says that the fall of 2014 is attributable to a reduction of 2.2% in the prices of new homes (- 2.4% in 2013) and 5% of the price of those existing (after -7.2% in 2013).

In the fourth quarter of 2014, based on preliminary estimates, the index of housing prices ( IPAB ) decreased by 0.8% from the previous quarter and by 2.9% against the same period of 2013.

Istat notes that the economic downturn has affected the prices of both the existing housing (-1.0%) and new ones (-0.7%).

Similarly, the decline trend , which is still small in magnitude (a percentage point less than in the previous quarter), was the synthesis of the price declines of both the existing housing (-3.6%) and new ones (-1.2 %), with a difference in absolute value fell by six tenths of a percentage point (2.4 percentage points from 3.0 in the third quarter).