Will 2019 be a positive year for the Italian real estate market? Residences, property transactions, mortgages, and rentals… new scenarios?
Although some political-economic variables propose a certain type of scenario, let’s try to understand what will happen to Italian brick in terms of prices, sales or mortgage rates. What are the forecasts for the real estate market in 2019?
2018 for Italian brick closed with a less negative balance compared to the previous year, with prices falling by 3.7%, compared to 4% in 2017.
However, the year coming to an end highlighted a contrasting market trend, characterized by devaluations in the cities of the center-south and in the provinces, where demand is slow, and by the relaunch of the large cities of the center-north, with a rebound effect on prices. If there are no shocks, then we will still have a moderate growth in transactions (between 580 and 600 thousand units), while prices will tend to stabilize in an ever-increasing number of areas.
In line with the economic recovery, rents and housing yields have risen because the conditions of society and the labor market have increased the number of rentals for main residences. 2019 will see housing demand increasingly oriented towards rentals, from young people or from those who opt for living that is more suited to the flexible living and working conditions imposed by the current job market (mobility, services, cost reduction).
Alma Residence follows the real estate market scrupulously and regardless of the results it has remained a real estate agency with a consultancy style for 50 years.
The customer, more than ever today, needs to be reassured and reassured in all phases of the sale, but above all he needs a professional in the sector to avoid any type of negative repercussions.
The keys to the success of Alma residence are: professionalism, seriousness and confidentiality. In addition to offering a highly professional service, the agency guarantees maximum seriousness and confidentiality in the relationship with customers.
Discretion and availability are the values that guide each member of the Bassani family to effectively serve every single need of its customers.