The House Price Index (HPI) measures the evolution of market prices of all residential properties that are purchased by households, regardless if bought for own-occupancy or as an investment. It can be seen that the HPI for dwellings in Italy decreased steadily, going from ***** in 2010 to *** in 2021. In 2022, the index increased to almost *** index points, meaning that home prices had risen by about seven percent since 2015 - the base year of the index.

Housing Index in Italy increased to 116.40 points in the second quarter of 2025 from 113.30 points in the first quarter of 2025. This dataset provides - Italy House Price Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The average price for properties for sale in Florence, Italy increased steadily between December 2016 and May 2020 after which it experienced significant fluctuation. After declining to ***** euros per square meter in February 2022, the average price of properties for sale in the Italian city increased, reaching its peak in October 2024 at around ***** euros. Florence is one of the most expensive cities for real estate in Italy, with the sales price of residential real estate significantly exceeding the country average.

This statistic shows the house price index in Italy from the first quarter 2016 to the second quarter 2020. In the quarter ending June 2020, the house price index increased in comparison to the previous quarter to 102.5 points. This was the first time in the observed time period that it exceded 100.

Italy Residential Property Price: Average: Rome data was reported at 2,838.376 EUR/sq m in 2022. This records an increase from the previous number of 2,748.073 EUR/sq m for 2021. Italy Residential Property Price: Average: Rome data is updated yearly, averaging 2,932.702 EUR/sq m from Dec 2008 (Median) to 2022, with 15 observations. The data reached an all-time high of 3,650.078 EUR/sq m in 2008 and a record low of 2,672.128 EUR/sq m in 2020. Italy Residential Property Price: Average: Rome data remains active status in CEIC and is reported by Nomisma. The data is categorized under Global Database’s Italy – Table IT.EB003: Residential Property Price.

Italy's residential real estate market was expected to suffer from COVID-19 for the remaining months of 2020. According to calculations from a "base" scenario, house prices in the Mediterranean country are to decrease by *** percent, with the "hard" scenario mentioning a potential decrease of up to **** percent. The source believes the house price development is closely connected to how the economy in Italy will respond to coronavirus measures. It admits that consumer demands have changed since home quarantine (for example, a growing demand for houses with terraces or balconies), but the source states that prices will rely on whether people are still able to purchase property.

Between December 2017 and October 2024, residential property prices in the Italian city of Venice experienced an overall increase, despite some fluctuations. In May 2020, the average asking price for residential properties was ***** euros per square meter, compared to ***** euros in December 2017. After a period of decline, average residential property prices in Venice started showing a general upward trend in March 2022. As of October 2024, it amounted to ***** euros per square meter. Notably, the average property sales price in Venice was higher than the national average.

Italy Residential Property Price: Average: Florence data was reported at 2,471.028 EUR/sq m in 2022. This records an increase from the previous number of 2,351.246 EUR/sq m for 2021. Italy Residential Property Price: Average: Florence data is updated yearly, averaging 2,435.775 EUR/sq m from Dec 2008 (Median) to 2022, with 15 observations. The data reached an all-time high of 3,267.434 EUR/sq m in 2008 and a record low of 2,336.998 EUR/sq m in 2020. Italy Residential Property Price: Average: Florence data remains active status in CEIC and is reported by Nomisma. The data is categorized under Global Database’s Italy – Table IT.EB003: Residential Property Price.

Italy Residential Property Price: Average: Milan data was reported at 3,337.383 EUR/sq m in 2022. This records an increase from the previous number of 3,151.989 EUR/sq m for 2021. Italy Residential Property Price: Average: Milan data is updated yearly, averaging 3,145.717 EUR/sq m from Dec 2008 (Median) to 2022, with 15 observations. The data reached an all-time high of 3,685.646 EUR/sq m in 2008 and a record low of 2,965.630 EUR/sq m in 2017. Italy Residential Property Price: Average: Milan data remains active status in CEIC and is reported by Nomisma. The data is categorized under Global Database’s Italy – Table IT.EB003: Residential Property Price.

This statistic presents the value of foreign investment in the real estate sector in Italy as of the first half of 2020, by origin of investment. According to the data, the majority of foreign investment in the Italian real estate market came from Germany (***** billion euros), followed by investments from the United Kingdom (***** billion euros).

Residential Property Price: Average: Padua data was reported at 1,506.388 EUR/sq m in 2022. This records an increase from the previous number of 1,468.255 EUR/sq m for 2021. Residential Property Price: Average: Padua data is updated yearly, averaging 1,543.013 EUR/sq m from Dec 2008 (Median) to 2022, with 15 observations. The data reached an all-time high of 2,007.426 EUR/sq m in 2008 and a record low of 1,427.307 EUR/sq m in 2020. Residential Property Price: Average: Padua data remains active status in CEIC and is reported by Nomisma. The data is categorized under Global Database’s Italy – Table IT.EB003: Residential Property Price.

Between 2020 and 2022, average prices for residential real estate in Italy are expected to decrease. However, the forecast decrease in the average price differs according to cities. Milan, for instance, is expected to experience a drop in prices below *** percent year-on-year between 2020 and 2021, before increasing in 2022. On the other hand, the decrease in average prices in Rome should be more significant.

Italy Residential Property Price: Average: Bari data was reported at 1,551.115 EUR/sq m in 2022. This records an increase from the previous number of 1,530.278 EUR/sq m for 2021. Italy Residential Property Price: Average: Bari data is updated yearly, averaging 1,661.114 EUR/sq m from Dec 2008 (Median) to 2022, with 15 observations. The data reached an all-time high of 2,024.613 EUR/sq m in 2008 and a record low of 1,519.498 EUR/sq m in 2020. Italy Residential Property Price: Average: Bari data remains active status in CEIC and is reported by Nomisma. The data is categorized under Global Database’s Italy – Table IT.EB003: Residential Property Price.

Italy - Gross value added: Real estate activities was EUR66639.20 Million in September of 2025, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Italy - Gross value added: Real estate activities - last updated from the EUROSTAT on December of 2025. Historically, Italy - Gross value added: Real estate activities reached a record high of EUR66639.20 Million in September of 2025 and a record low of EUR51140.90 Million in June of 2020.

Italy Residential Property Price: Average: Turin data was reported at 1,567.227 EUR/sq m in 2022. This records an increase from the previous number of 1,503.520 EUR/sq m for 2021. Italy Residential Property Price: Average: Turin data is updated yearly, averaging 1,614.188 EUR/sq m from Dec 2008 (Median) to 2022, with 15 observations. The data reached an all-time high of 1,974.288 EUR/sq m in 2008 and a record low of 1,500.095 EUR/sq m in 2020. Italy Residential Property Price: Average: Turin data remains active status in CEIC and is reported by Nomisma. The data is categorized under Global Database’s Italy – Table IT.EB003: Residential Property Price.

Between 2020 and 2022, prices in retail real estate in Italian cities are expected to decrease. However, the annual percentage decrease will lessen with time. Among major Italian cities, the largest price decrease is foreseen to take place in Rome, Turin, and Catania. On the other hand, in Milan the price change between 2020 and 2022 is forecasted to be the lowest. Milan is also the only city where prices are expected to grow in 2022, even though only slightly.

Italy GVA: wda: 2020p: Services: Real Estate data was reported at 58,632.400 EUR mn in Dec 2024. This records an increase from the previous number of 57,847.500 EUR mn for Sep 2024. Italy GVA: wda: 2020p: Services: Real Estate data is updated quarterly, averaging 53,085.900 EUR mn from Mar 1996 (Median) to Dec 2024, with 116 observations. The data reached an all-time high of 58,632.400 EUR mn in Dec 2024 and a record low of 46,277.600 EUR mn in Mar 1997. Italy GVA: wda: 2020p: Services: Real Estate data remains active status in CEIC and is reported by Italian National Institute of Statistics. The data is categorized under Global Database’s Italy – Table IT.A037: ESA 2010: Gross Value Added: by Industry: Chain Linked 2020 Price: Working Day Adjusted.

Italy Residential Property Price: Average: Venice Land data was reported at 1,300.111 EUR/sq m in 2022. This records a decrease from the previous number of 1,303.590 EUR/sq m for 2021. Italy Residential Property Price: Average: Venice Land data is updated yearly, averaging 1,403.247 EUR/sq m from Dec 2008 (Median) to 2022, with 15 observations. The data reached an all-time high of 1,930.835 EUR/sq m in 2008 and a record low of 1,291.416 EUR/sq m in 2020. Italy Residential Property Price: Average: Venice Land data remains active status in CEIC and is reported by Nomisma. The data is categorized under Global Database’s Italy – Table IT.EB003: Residential Property Price.

Building contractors and developers depend on various socio-economic factors, including property values, underlying sentiment in the housing market, the degree of optimism among downstream businesses and credit conditions. All of these drivers typically track in line with economic sentiment, with recent economic shocks spurring a difficult period for building contractors and developers. Nonetheless, the enduring need for building services, particularly to tackle housing shortages across the continent, ensures a strong foundation of work. Revenue is forecast to grow at a compound annual rate of 2.3% to reach €1.3 trillion over the five years through 2025. Operational and supply chain disruption caused by the pandemic reversed the fortunes of building contractors and developers in 2020, as on-site activity tumbled and downstream clients either cancelled, froze or scaled back investment plans. Aided by the release of pent-up demand and supportive government policy, building construction output rebounded in 2021. Excess demand for key raw materials led to extended lead times during this period, while input costs recorded a further surge as a result of the effects of rapidly climbing energy prices following Russia’s invasion of Ukraine. Soaring construction costs and the impact of interest rate hikes on both the housing market and investor sentiment led to a renewed slowdown in building construction activity across the continent. However, falling inflation and the start of an interest rate cutting cycle have spurred signs of a recovery in new work volumes, supporting anticipated revenue growth of 2.3% in 2025. Revenue is forecast to increase at a compound annual rate of 6.7% to €1.7 trillion over the five years through 2030. Activity is set to remain sluggish in the medium term, as weak economic growth and uncertainty surrounding the impact of the volatile global tariff environment on inflation and borrowing costs continue to weigh on investor sentiment. Contractors and developers will increasingly rely on public sector support, including measures to boost the supply of new housing, as countries seek to tackle severe housing shortages. Meanwhile, the introduction of more stringent sustainability requirements will drive demand for energy retrofits.

GDP: swda: 2020p: GFCF: Intellectual Property Products data was reported at 16,518.800 EUR mn in Sep 2025. This records an increase from the previous number of 16,081.000 EUR mn for Jun 2025. GDP: swda: 2020p: GFCF: Intellectual Property Products data is updated quarterly, averaging 10,862.200 EUR mn from Mar 1996 (Median) to Sep 2025, with 119 observations. The data reached an all-time high of 16,559.000 EUR mn in Mar 2025 and a record low of 9,064.700 EUR mn in Mar 1996. GDP: swda: 2020p: GFCF: Intellectual Property Products data remains active status in CEIC and is reported by Italian National Institute of Statistics. The data is categorized under Global Database’s Italy – Table IT.A: ESA 2010: GDP by Expenditure: Chain Linked 2020 Price: Seasonally and Working Day Adjusted.