Monday, April 4, 2016

housing market, -2.4% in 2015 according to ISTAT – Leonardo.it

According to the surveys of the ‘ Istat , real estate has continued to fall also in the 2015 : we are at the -2, 4% against 4.4% 2014 . If we consider only the fourth quarter 2015 and you compare it with the same period last year, the descent is less than 1% . The negative sign is even more limited if you compare the price variation between the third and the fourth quarter of ‘ past year : -0.2% .

According to our institute of statistics “ the progressive reduction in the amplitude of the downward trend in house prices is also confirmed in the fourth quarter of 2015, thanks especially to existing homes, whose prices, after -2.8% in the third quarter, reported a 1% decline in the fourth. I of new housing prices fell year on year by 0.5% (from -0.9% in the third quarter) “. The 2.4% is to be read by relating the flex 2.8% on the prices of the Existing Home – in 2014 the reduction was 5.2% – and the 1.3% prices properties new – against less than 2.2% in 2014. From the 2010 2015 the price of housing is decreased 13.9% – a figure which is the average of the 1.2% for new homes , and -18.9% existing).

What is the trends for 2016 ? According to most analysts is expected to witness a substantial stagnation quotes . The prices been slow to adapt to the recovery in the number of trades – increased in 2015 6.5% thanks to the greater ease of access to loans and the reduction in prices. The situation of stagnation is not surprising since the overall picture of prices to the limits of deflation . Some operators have already come to see a rise in prices in the first months of this year. According to the Observatory of idealista.it , in first quarter of 2016 there was a increased of the 0.5 prices % with respect to previous quarter – however the figure turns decidedly negative (-3.8%) compared to the same period of 2015.

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