Friday, October 17, 2014

Italian real estate has started to grow in 2014

The Italian real estate market returned to growth in the first quarter of 2014 The announced Istat.notarial agreements for the transfer of ownership has increased overall by 1.3% on an annual basis; for the steps of properties for residential use by 1.5% and those relating to transfers of real estate units for economic 1.6%. Istat said that in the first quarter conventions notary for transfer of ownership of real estate units are were 140,716. 93.1% of the conventions provided regarded the transfer of ownership of residential property and accessories, 6.3% real estate units for economical and 0.6% of housing units for special use and timeshares. At the regional level, for complex transfers of real estate major signs of recovery were recorded in the Centre and North-East. Decreases were recorded in the South, the Channel Islands and the North West.too notarial agreements for mortgages, loans and other obligations with real estate mortgage agreements with banks or non-banks began to grow again. Positive changes were recorded in all geographic areas, with values ​​above the national average at the Centre and in the North-East.

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