Homes, sales boom in the first three months of 2021

Homes, sales boom in the first three months of 2021
Homes, sales boom in the first three months of 2021

The maximum increase was recorded in the non-capital municipalities of the North East (+ 46.8%), while the minimum in the same area for the capitals with + 27.7%.

The eight major cities also did well

And the big centers? Trade in the eight main Italian cities rose by 24.4%. Leading the rankings are Genoa which, in this quarter, records the maximum growth value in home exchanges (+ 36.7%), Rome, Turin and Naples see sales grow by 30%, while Milan, Bologna and Florence record rates more moderate + 14.4%, + 14.9% and + 17.3% respectively. In Palermo, which in the last quarter had shown substantial stability, sales grew by almost 20%.

Starting this quarter, the report considers new data to give a more detailed picture of the market. First of all, the number of homes purchased by individuals, the share of these purchases for which the “first home” tax relief was obtained, purchases with a mortgage loan, with the relative average interest rate of the loan and debt capital overall borrowed.

From January to March 2021, individuals made 156 thousand house purchases, over 96% of the total. The share of purchases with the “first home” subsidy is equal to 75% (it was 74.7% in the first quarter of 2020), while 52% were financed with a mortgage.

Source

Homes sales boom months

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