European Housing Report 2021

Italy

THE COVID-19 IMPACT COVID-19 lockdowns and restrictions have also had an impact on market activity. The number of days on the market have decreased and buyers are opting for bigger houses and looking to be closer to green spaces and in rural areas.

MARKET OUTLOOK (TOTAL MARKET)

WHO WILL DRIVE DEMAND?

5 %

2020

€175.847

• Move-up buyers

2021 (Estimated)

€184.668

PROPERTY TYPES SEEING MOST ACTIVITY

KEY FACTORS IMPACTING THE MARKET

• Recreational properties • Rowhouses • Semi-detached houses • Single-family houses

• Affordability • Employment rates • Interest rates • Inventory

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Source: Survey of European RE/MAX independently owned and operated regional sub-franchises. To learn more about the 2021 RE/MAX European Housing Report, please visit www.REMAX.eu.