(Teleborsa) – House prices accelerate, which continue the growth trend started in the last three years and, joining the growth in volumes sold, confirm a real estate market in excellent health. According to preliminary estimates by Istat, in the second quarter of 2022, the house price index (IPAB) purchased by households for housing or investment purposes, has registered a increase of 2.3% on the previous quarter and 5.2% over the same period of 2021 (it was + 4.5% in the first quarter of 2022). The rate of change acquired for 2022 is equal to + 4.4% (+ 3.6% for existing homes, + 8.3% for new ones).
The trend increase in house prices is attributable, in particular, to those of new homes that grow by 12.1% (in strong acceleration compared to + 5% in the first quarter and to the highest levels of the historical series) while the prices of existing homes show a more contained growth of 3.8% (a slight slowdown from + 4.4% in the previous quarter).
These trends manifest themselves in a context of persistent e lively growth in sales volumes (+ 8.6% the trend increase recorded in the second quarter of 2022 by the Real Estate Market Observatory of the Revenue Agency for the residential sector, after + 12% in the previous quarter).
Also on a cyclical basisthe growth is attributable both to the prices of new homes (+ 6.8%) both to those of existing homes (+ 1.4%)..
The increase concerns all geographical areas: trend rates continue to accelerate in Northwest (from + 4.8% to + 5.5%), in North East (from + 5.4% to + 6.8%) and in South and Islands (from + 3.1% to + 4.5%), while the rise in prices slightly decelerates in the Center (from + 4.5% to + 4%).CopyAMP code
Housing prices are growing in all cities: to Milan they increased by 8.3% yoy, accelerating compared to the previous quarter (it was + 6.4%) with a surge in prices for new homes (+ 16.9%); to Rome there is a trend increase of + 4.8% (it was + 3.3% in the previous quarter); only in Turin was growth more contained and equal to 1%, decelerating from + 3.8% in the previous quarter.