The number of transactions in the residential real estate sector in Italy significantly decreased in the first quarter of 2020, as a result of the measures taken to prevent the spread of COVID-19. When looking at the eight major Italian cities, it can be seen that the number of transactions decreased by almost 16 percent on average in this period. It was found that the worst situation in Milan, Naples and Genoa, with each one of these cities facing a contraction around 19 percent. Bologna stood up as the least affected in this group, with a relatively small decrease of 6.4 percent in the volume of real estate transactions.
Change in real estate market in major Italian cities during COVID-19 in the 1st quarter of 2020
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Idealista. (June 9, 2020). Change in real estate market in major Italian cities during COVID-19 in the 1st quarter of 2020 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1130459/change-in-residential-real-estate-transactions-in-italian-cities/
Idealista. "Change in real estate market in major Italian cities during COVID-19 in the 1st quarter of 2020." Chart. June 9, 2020. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1130459/change-in-residential-real-estate-transactions-in-italian-cities/
Idealista. (2020). Change in real estate market in major Italian cities during COVID-19 in the 1st quarter of 2020. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1130459/change-in-residential-real-estate-transactions-in-italian-cities/
Idealista. "Change in Real Estate Market in Major Italian Cities during Covid-19 in The 1st Quarter of 2020." Statista, Statista Inc., 9 Jun 2020, https://www.statista.com/statistics/1130459/change-in-residential-real-estate-transactions-in-italian-cities/
Idealista, Change in real estate market in major Italian cities during COVID-19 in the 1st quarter of 2020 Statista, https://www.statista.com/statistics/1130459/change-in-residential-real-estate-transactions-in-italian-cities/ (last visited November 21, 2024)
Change in real estate market in major Italian cities during COVID-19 in the 1st quarter of 2020 [Graph], Idealista, June 9, 2020. [Online]. Available: https://www.statista.com/statistics/1130459/change-in-residential-real-estate-transactions-in-italian-cities/
