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Real-estate transactions up 1.8% in 2014

Market up 5.5% in fourth quarter, says internal revenue service

Redazione Ansa

(ANSA) - Rome, March 5 - Real-estate transactions in Italy registered a 1.8% increase in 2014 on the previous year, after a seven-year-long crisis, the internal revenue service said Thursday.
    The market also picked up 5.5% in the last quarter of 2014 from the same period in 2013, the service also said.
    The highest number of real estate sales and acquisitions were registered in the commercial sector - up 5.7% - followed by the residential and industrial sectors - up 3.6%.
    Overall, among Italian cities, Bologna in central Italy registered the most significant increase in transactions - up 18.5% - followed by Genoa - up 15% - in the north-west.
    The only city to record a decrease in real estate transactions was Naples in the south, where market fell 3.7%.
   

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