Data ISTAT: real estate market in turnaround
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Trentino Alto Adige is part of the top ten Italian regions for growth in the number of real estate transactions in 2018, with 10.1% more expected this year that in 2017.
The region currently accounts for about 1.2% of the Italian market, with around 7,600 transactions against 6,900 totaled last year.
These are some of the data from Report 2018 on the residential real estate market of Trentino-Alto Adige built by Scenari Immobiliari in collaboration with Casa.it . Advertisement
Also average prices nominal start a positive trend .
As of 2016 the price increase is constant, especially in Trento, and will go up to 2020.
Prices, again n slightly down in 2016, showed a beginning of revived in 2017 with 0.1 percent more than the previous year, while in Italy, they remained down 0.2 percent. 19659002] 2018 continues in the same vein with the forecast of 0.5 percent more to Trentino Alto Adige and 0.3 percent higher in Italy
Increasing Increases citations will take place at Trento where in 2017 growth was equal to 1.4 percent in the semi-central area, while in Bolzano a decrease of 1.1% was recorded
Forecasts for 2018 are a growth of 2% in Trent and 1.2% in the regional capital of Upper Ticino, still in the intermediate areas
In the capital in 2017, there was a market recovery with a sales increase of 8.9 percent compared to 2016, for 305 thousand square meters
The supply is up from 3.4 percent and was 396 thousand square meters in 2017.
Turnover increased by 5.6% by port to 2016, for a value of 660 million euros
Nominal average prices of the residential sector in 2017 also increased, equal to 1.1% in central areas, with Melta and Cristo Re showing the best results for a 6 and 4.3 percent change over 2016.
For 2018 forecasts are more than two percent increase in central and semi-central areas , and 0.8% in the suburbs
The residential market of Bolzano is being improved, with an increase of the square meters traded in 2017 about ten percent compared to 2016, for 105 thousand square meters in total. The offer stands at 134 thousand square meters, up 2.3% while the business turnover reaches 313.9 million euros, an increase of 8.5 % compared to the previous year. Values per square meter are up, up 0.8% in the central zone in 2017 and are expected to increase by 1.4% in 2018.
"Trentino Alto Adige – declares Mario Breglia President of Scenari Immobiliari – had a parallel course at the national, but with better results in the decade.In fact, compared to 2007, in the region, the Residential units having been subject to transit have decreased on average by 23.3%, while Italy has reached 28.2% .Slowly, volumes should return to levels of 39.3%. before the crisis, with a total of 8,900 units in 2020, very close to the 9,000 recorded in 2007. "
" The trend in average price growth indicated by Scenari Immobiliari for Trentino Alto Adige – comments Luca Rossetto, CEO of Casa.it Group – is entrusted the data collected on the portal of Casa.it.In the capital of Trentino, the largest increases in average prices per square meter are measured in areas near the center: in March 2018, the area of San Donà and Cognola and the area of Cristo Re record an increase of + 9% E + 7%. Even real estate searches are growing and confirms the positive phase of the real estate market in Trentino, especially in the first quarter of 2018 there is an increase claims generated by the portal to real estate agents of + 35% in Trento and + 39% in Bolzano This growth is the result of a growing propensity to use the portal and the mobile application for the public, the most great interest and improved technological capabilities of Casa.it to capture interested users. "
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