Residential real estate prices in Italy not recovering, latest index shows

Nicholas Wallwork

Nicholas Wallwork

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Italy’s real estate market recovery is still struggling to recover as prices remain below pre-crisis levels and are unlikely to rise until the end of next year, according to the latest research.

The number of residential properties sold in the first half of 2010 was 30% lower than before the financial crisis began in 2008, according to Bologna based research institute Nomisma.



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