Edited by Antonio Maprosti
According to data provided by the Inland Revenue, Bologna and Milan were the Italian cities in which most homes were sold in the last quarter of 2013. Rome saw a decline of 10% compared to the same period in 2012, even though sale transactions increased compared to the previous months of 2013. This is a sharp decline compared to the data for Milan which saw an increase of 12.7%. Naples, Turin and Palermo follow with falling sale figures, while Genoa maintained the same trend as in previous months which could be interpreted in a positive way. Bologna remains the same, at -0.1%, exactly as it was in the previous quarter. Only Florence is on a par with Milan, ending the year with a positive quarter increase of nearly 13%. Although these may not appear to be very high values, the news still appears positive as the data seems to record that the worst is over and the market is having a slow recovery, certainly if we compare these figures with almost all the previous catastrophic years.