Online real estate market statistics in Italy: Notary and Casa.it blog collect data..

The National Notary Council's website has published a report on the real estate market and mortgage loans for the first half of 2023, along with a forecast for the entire year of 2023.

In the first half of 2023, the purchase of residential real estate decreased by 8.7%, while mortgage loans fell by 29.5%.

Data on the situation in the Italian real estate market and mortgage loans for the first half of 2023 has been published, based on information from the National Notary Council obtained from notarial statistics (DSN).

In addition to national data, an overview was presented of the transactions conducted in 9 major Italian cities regarding the following types of deals: mortgage loans, insurance substitutions, and the buying and selling of residential buildings. The cities considered are: Rome, Milan, Naples, Bari, Bologna, Turin, Palermo, Verona, and Florence.

In the first six months of 2023, Italy recorded an 8.7% decrease in the volume of residential real estate transactions compared to the same period in 2022, while the volume of mortgage loans for home purchases fell by 29.5% compared to the same period in 2022.

Regarding the situation in the real estate market in 9 major cities, the data shows a decline in the overall volume of real estate transactions (Milan -8.4%; Turin -3.4%; Verona -3.7%; Bologna -4.6%; Florence -10.3%; Rome -9.6%; Naples -7.3%; Palermo -0.3%; Bari -12.4%) and mortgage loans: -26.4% in Milan; -31.5% in Turin; -25.6% in Verona; -30% in Bologna; -32.6% in Bologna; -29.1% in Rome; -31.4% in Naples; -33.6% in Palermo; -28% in Bari.

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