In 2023, despite the general decline in residential buying and selling, there will be an increase in the purchase of investment properties, aimed at rental income, demonstrating how the house is confirmed as by far the most sought-after and secure real estate investment to protect the savings of Italian families heavily affected by inflation. This is what emerges from the data of the FIAIP National Real Estate Observatory, elaborated for the 11th consecutive year, with ENEA and I-Com (Institute for Competitiveness), with reference to last year's real estate market trends and forecasts for 2024. Also illustrated was a focus on the city of Milan, which in 2023 is once again confirmed as Italy's most vibrant and attractive capital city in real estate. The report shows that, in 2023, the total number of residential purchases and sales fell to around 700,000 (down 10 percent from 2022), with a decline in the purchase and sale of first homes, compared with an increase in the use of one's savings, which has essentially doubled since 2022, leading to a growth in the purchase and sale of second homes (+1.5 percent). These figures, together with the increase in sales of studio apartments, which increased fivefold over 2022, and one-bedroom apartments (+64%), motivate the considerable increase, which occurred in 2023, in purchases for investment, aimed at rental income (+28%). For market values, there was an average increase of 2% (2023 over 2022). The highest increases were recorded in large urban centers, where demand far exceeds supply, peaking at up to +6% in the city of Milan.
|