Real estate investments on the rise

According to the most recent official sources (Agenzia delle Entrate – OMI, Nomisma, ISTAT), the Italian residential real estate market shows stable growth signals in 2025, though with some caution. Here are the key highlights:

📊 Key recent data

• In Q1 2025, residential transactions grew by +11.2% year-on-year, with over 172,000 homes sold.
  Source: Idealista / SimplyBiz

• The share of homes purchased through mortgages stands at 45.8%, higher than in the past; the average initial rate for these loans is 3.22%.
  Source: SimplyBiz

• Mortgage loans granted for home purchases exceeded €10.3 billion in Q1 2025, more than €3 billion above the same period in 2024.
  Source: SimplyBiz

• Prices are rising: homes in good condition show an annual increase of around +1.4%, according to Nomisma’s report.
  Source: Idealista

🔍 Factors driving the market

• Strong demand, supported by mortgages and “first home” incentives.
  Sources: Idealista / SimplyBiz

• Growing focus on energy efficiency and property condition: well-maintained and modernized homes remain the most attractive.
  Source: Idealista

• The supply of new constructions remains tight in many areas, while the redevelopment of existing properties continues to be favored, also thanks to tax incentives.
  Source: Idealista

⚠️ Limits and uncertainties

• Growth is moderate: despite the +11.2% increase in transactions, price growth remains more contained, especially for less efficient homes or those in peripheral areas.
  Source: Idealista

• Interest rates and the cost of credit remain variables that may affect affordability.
  Source: SimplyBiz

• Regional differences are significant: Northern and Central Italy show stronger recovery, while the South and Islands are growing more slowly.
  Source: SimplyBiz

🔮 Forecasts for 2026–2027

• According to Nomisma, residential prices will continue to rise in the coming years at around +1.5% annually, provided there are no external shocks related to inflation, credit, or supply.
  Source: Idealista

• Homes that are already renovated or with energy-efficient features, located in well-served areas, are expected to be increasingly in demand, as these factors ensure better long-term performance.
  Source: Idealista

✔️ Implications and opportunities

• For sellers: enhancing properties through renovations, energy efficiency improvements, and professional presentation can reduce discounts and shorten sales times.

• For buyers: now is the time to evaluate energy-efficient properties, well-connected and in serviced areas, to minimize risks and benefit from positive market trends.

• For investors: urban markets and central/well-served areas continue to offer stable returns; in less central areas, careful evaluation of local conditions is required.

Sources:

• Osservatorio del Mercato Immobiliare, Agenzia delle Entrate – OMI, Residential Transactions Statistics – Q1 2025 (SimplyBiz)

• “Osservatorio sul mercato immobiliare” Report by Nomisma (July 2025) (Idealista)

• ISTAT data on housing price variation (Idealista)