Residential property sales rose for
the second consecutive year in 2015 with an increase of 6.5%,
Italy's inland revenue agency said Thursday.
Some 445,000 residential properties were sold during the
course of last year, the tax authority added.
Prices also returned to growth for the first time in over
three years, with a 0.2% increase in the second hald of the
year.
Residential property sales in Milan rose by 13.4% in 2015
over the previous year, followed by Palermo at 13%, Florence at
8.9%, Turin at 7.9%, Naples at 6.6%and Bologna at 4.2%.
In Rome house sales rose by 0.8%.
The growth was driven by an improvement in the mortgage
market, the agency said.
The number of mortgages issued rose by 19.5% to 193,000
last year.
ALL RIGHTS RESERVED © Copyright ANSA
