The Italian mortgage market has grown substantially since 2010, with the value of mortgages outstanding reaching to 462 billion euros in 2024. In the period between 2020 and 2022, growth was stronger, fueled by low-interest rates. As the lending environment tightened, the market plateaued. Mortgage interest rates in Italy The mortgage interest rates in Italy decreased significantly, falling to record lows, before rising dramatically in 2022. The period of decline in mortgage interest rates probably helped revive the residential real estate market in the country, which suffered after the financial crisis of 2008. In fact, the number of transactions in the sector increased steadily since 2013. A regional overview In some areas of the country, the residential real estate market appears to be more dynamic than in others. In fact, in 2022, the North-West of Italy accounted for more than one third of all transactions in the sector. When looking closely at the single regions, Lombardy was the most active, with more than 165,000 transactions registered. The second most prolific market was found in the region of Lazio, which recorded approximately 77 thousand transactions.

The amount of capital granted for mortgage-secured loans for house purchases in Italy decreased significantly in 2024. With **** billion euros, the amount of mortgage lending in that year was only slightly lower than in 2004, when **** billion euros were granted to homebuyers. In 2013, the Italian mortgage market saw the lowest value of capital, at **** billion euros.

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.

Mortgage interest rates in Italy decreased substantially between 2013 and 2021 before rising in the following years. As of the fourth quarter of 2024, the mortgage interest rates amounted to 3.11 percent — lower than the rate in the same period in the previous year. A slowly recovering market Despite not reaching the pre-crisis levels, an increase in the number of transactions in the residential real estate market as well as the volume of mortgages stipulated for house purchase indicate a positive trend for the sector in Italy. Homeownership in Italy reached 73.7 percent in 2021, one of the highest rates in Western Europe. Low interest rates, especially when compared to other European countries, and decreasing house prices led to a renewed interest in the real estate market in Italy. Milan, an attractive destination for investments In recent years, more than in the past, thanks to its role as a capital of business and finance as well as an innovation hub, Milan was able to attract human capital and investments, both domestic and foreign. This ability to grow and innovate was also reflected in the real estate market, which was the most dynamic in the country. Transactions in residential real estate in Milan increased steadily since 2012, except for 2020, and so did prices: some areas of the city are among the most expensive in the country to buy a property.

Italy Home Loan Market is expected to grow during 2025-2031

Mortgage interest rates in Italy decreased substantially between 2013 and 2021 before rising in the following years. As of the first quarter of 2025, the mortgage interest rates amounted to **** percent — lower than the rate in the same period in the previous year. A slowly recovering market Despite not reaching the pre-crisis levels, an increase in the number of transactions in the residential real estate market as well as the volume of mortgages stipulated for house purchase indicate a positive trend for the sector in Italy. Homeownership in Italy reached **** percent in 2021, one of the highest rates in Western Europe. Low interest rates, especially when compared to other European countries, and decreasing house prices led to a renewed interest in the real estate market in Italy. Milan, an attractive destination for investments In recent years, more than in the past, thanks to its role as a capital of business and finance as well as an innovation hub, Milan was able to attract human capital and investments, both domestic and foreign. This ability to grow and innovate was also reflected in the real estate market, which was the most dynamic in the country. Transactions in residential real estate in Milan increased steadily since 2012, except for 2020, and so did prices: some areas of the city are among the most expensive in the country to buy a property.

Discover the booming Italian manufactured homes market! This comprehensive analysis reveals key trends, drivers, and restraints shaping this €300 million (2025 est.) sector, highlighting leading companies and growth projections to 2033. Learn about the rising demand for affordable, sustainable housing in Italy. Recent developments include: October 2022 - Mask Architects, based in Sardinia, Perugia, and Istanbul, designed the world's first "Exosteel" mother nature modular prefabricated living houses in Orani, Sardinia, Italy, led by Znur Pinar er and Danilo Petta. The "Mother Nature" project, designed for Nivola Museum visitors, tourists, and artists in Orani, consists of 14 modular houses. The house is made up of several organic branches that support the three floors of the building and a hollow central column that is inserted into the ground for one-third of its length., May 2022 - Capreon purchased a development site on the north side of Milan's inner ring. The new joint venture with Finanziaria Immobiliare D'Este (FIDE) plans to build 40 high-end apartments and commercial space. Work is expected to begin in early 2023. In response to the city's high demand for Class A residential units, the JV seeks to identify opportunities to regenerate metropolitan Milan, by prioritizing ESG considerations to deliver energy-efficient, modern, and high-quality residences.. Key drivers for this market are: The Rise in e-commerce and digitalization. Potential restraints include: The Complexity of regulations and property ownership. Notable trends are: Increasing Residential Real Estate Prices Demanding More Manufactured Homes Construction.

Graph and download economic data for Real Residential Property Prices for Italy (QITR628BIS) from Q1 1947 to Q2 2025 about Italy, residential, HPI, housing, real, price index, indexes, and price.

Discover the booming Italian real estate market! Our in-depth analysis reveals a CAGR exceeding 5%, driven by luxury demand, tourism, and foreign investment. Explore market segments, key players, and future growth projections for Italy's vibrant property sector. Invest wisely with our insights on villas, apartments, and prime locations like Rome, Florence, and Venice. Recent developments include: June 2022: The multinational real estate company Hines and Blue Noble, co-investors in the "Future Living" fund run by Savills Investment Administration SGR SpA, confirmed that a leasing deal with Starhotels for the management of a portion of the Corso Italia asset in the center of Florence has been finalized. As part of the new residential rental offer at Il Teatro Luxury Apartments - Starhotels Collezione, more than 150 luxury apartments of different sizes and styles will be available for stays of a few weeks to a few months.So, Corso Italia will start up again, keeping the area's cultural history while offering cutting-edge, in-demand apartments for rent., March 2022: Christie's International Real Estate announced their acquisition of Ansley Real Estate, a leading Atlanta-area luxury brokerage firm. After the acquisition, the company became known as Ansley Christie's International Real Estate. This acquisition will reinforce the brokerage's leadership in Atlanta's luxury market.. Notable trends are: Increase in Residential Properties across the Italy due to Less Mortgage Rates.

Discover the booming Italian real estate market! This in-depth analysis reveals key trends, growth forecasts (CAGR >5%), investment opportunities, and leading companies in Rome, Milan, Venice & more. Explore market segments, regional data, and future projections for 2025-2033. Recent developments include: June 2022: The multinational real estate company Hines and Blue Noble, co-investors in the "Future Living" fund run by Savills Investment Administration SGR SpA, confirmed that a leasing deal with Starhotels for the management of a portion of the Corso Italia asset in the center of Florence has been finalized. As part of the new residential rental offer at Il Teatro Luxury Apartments - Starhotels Collezione, more than 150 luxury apartments of different sizes and styles will be available for stays of a few weeks to a few months.So, Corso Italia will start up again, keeping the area's cultural history while offering cutting-edge, in-demand apartments for rent., March 2022: Christie's International Real Estate announced their acquisition of Ansley Real Estate, a leading Atlanta-area luxury brokerage firm. After the acquisition, the company became known as Ansley Christie's International Real Estate. This acquisition will reinforce the brokerage's leadership in Atlanta's luxury market.. Key drivers for this market are: Rapid urbanization, Government initiatives. Potential restraints include: High property prices, Regulatory challenges. Notable trends are: Increase in Residential Properties across the Italy due to Less Mortgage Rates.

The average initial installment of mortgage-secured loans for house purchases (limited to loans exclusively linked to the purchase of a dwelling guaranteed by the same home purchased) in Italy reduced between 2011 and 2024. The highest average initial installment (*** euros per month) was registered in 2012. In the following years, the average initial installment decreased steadily, reaching a value of *** euros per month in 2020. In the next three years, the figure increased, reaching ****euros in 2024.

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.

Italy - Severe housing deprivation rate: Tenant, rent at market price was 11.50% in December of 2023, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Italy - Severe housing deprivation rate: Tenant, rent at market price - last updated from the EUROSTAT on November of 2025. Historically, Italy - Severe housing deprivation rate: Tenant, rent at market price reached a record high of 19.10% in December of 2014 and a record low of 7.80% in December of 2019.

Italy - Housing cost overburden rate: Tenant, rent at market price was 19.40% in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Italy - Housing cost overburden rate: Tenant, rent at market price - last updated from the EUROSTAT on December of 2025. Historically, Italy - Housing cost overburden rate: Tenant, rent at market price reached a record high of 34.60% in December of 2011 and a record low of 19.40% in December of 2024.

Hardware and home improvement stores’ revenue is forecast to rise at a compound annual rate of 1.4% over the five years through 2024 to reach €155.8 billion. Private spending on home renovation and maintenance, construction activity, environmental awareness and the number of households each play their part in determining sales. The EU and the UK enjoyed a housing market boom prior to 2023, when soaring mortgage rates deterred many from buying a new house. While demand for outfitting new houses is down, more Europeans are turning to repair, maintenance and renovation work on their existing properties, helping to raise sales of hardware and home improvement products. This trend accelerated during the COVID-19 pandemic, as people confined to their homes looked to refresh their surroundings and found themselves with more time to dedicate to DIY projects. Hardware and home improvement stores were deemed by many governments as essential businesses, allowing them to remain open during the lockdowns. In 2024, revenue growth is expected to be constrained by the cost-of-living crisis. Shoppers are increasingly price-sensitive and many are thinking twice before spending in response to intense inflationary pressures, cutting sales for many hardware and home improvement stores. Price inflation is expected to outweigh falling sales volumes, leading to revenue growth of 1% in 2024. Over the five years through 2029, hardware and home improvement stores’ revenue is slated to climb at a compound annual rate of 1.5% to reach €168 billion. Ever-growing levels of environmental awareness among Europeans will drive strong demand for sustainably sourced and energy-efficient products, like reclaimed wood and lithium-ion battery-powered hand tools. Competition from online-only retailers will continue to heat up, forcing hardware and home improvement stores to expand their in-store offerings to attract customers – augmented reality stations where shoppers can visualise their new products in their homes are one way retailers can try to do this.

The global Mortgage-Backed Security (MBS) market is poised for significant expansion, with an estimated market size of $2,500 million in 2025. The market is projected to grow at a Compound Annual Growth Rate (CAGR) of 7.5% through 2033, reaching approximately $4,400 million by the end of the forecast period. This robust growth is primarily fueled by increasing housing demand and a dynamic real estate sector, particularly in emerging economies. The rising popularity of residential MBS, driven by a desire for diversified investment portfolios and stable income streams, is a major catalyst. Furthermore, evolving financial regulations and innovative securitization techniques are creating a more conducive environment for MBS development and adoption. The market's expansion is also supported by the increasing sophistication of financial institutions in managing credit risk associated with mortgage portfolios. The Mortgage-Backed Security market is segmented into Commercial MBS and Residential MBS, with Residential MBS expected to dominate due to sustained demand for homeownership and favorable lending conditions. Key applications include Commercial Banks, Real Estate Enterprises, and Trust Plans, all of which are actively participating in the securitization process. Leading players such as Construction Bank, ICBC, and Bank of China are instrumental in shaping market dynamics through their substantial involvement in mortgage origination and MBS issuance. Geographically, the Asia Pacific region, led by China and India, is anticipated to be the fastest-growing market, owing to rapid urbanization and a burgeoning middle class. Conversely, North America and Europe, while mature, will continue to be significant contributors, driven by established financial infrastructure and ongoing housing market activities. Restrains such as interest rate volatility and regulatory scrutiny are present, but the overall market trajectory remains strongly positive. This comprehensive report provides an in-depth analysis of the global Mortgage-Backed Security (MBS) market, spanning the historical period of 2019-2024 and projecting future trends through 2033. With a base year of 2025 and an estimated year also set for 2025, this study offers granular insights into market dynamics, key players, and regional dominance. The report is structured to offer a holistic understanding, from concentration and characteristics to future projections and key drivers of growth.

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Home Equity Lending Market Size 2025-2029

The home equity lending market size is forecast to increase by USD 48.16 billion, at a CAGR of 4.7% between 2024 and 2029.

The market is experiencing significant growth, fueled primarily by the massive increase in home prices and the resulting rise in residential properties with substantial equity. This trend presents a lucrative opportunity for lenders, as homeowners with substantial equity can borrow against their homes to fund various expenses, from home improvements to debt consolidation. However, this market also faces challenges. Lengthy procedures and complex regulatory requirements can hinder the growth of home equity lending, making it essential for lenders to streamline their processes and ensure compliance with evolving regulations.
Additionally, economic uncertainty and potential interest rate fluctuations may impact borrower demand, requiring lenders to adapt their strategies to remain competitive. To capitalize on market opportunities and navigate challenges effectively, lenders must focus on enhancing the borrower experience, leveraging technology to streamline processes, and maintaining a strong regulatory compliance framework.

What will be the Size of the Home Equity Lending Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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The market continues to evolve, shaped by various economic and market dynamics. Fair lending practices remain a crucial aspect, with entities ensuring borrowers' creditworthiness through rigorous risk assessments. Economic conditions, employment history, and credit score are integral components of this evaluation. Mortgage insurance (PMIs) and mortgage-backed securities (MBS) are employed to mitigate risk in the event of default. Verification of income, property value, and consumer protection are also essential elements in the home equity lending process. Housing prices, Homeowners Insurance, and property value are assessed to determine the loan-to-value ratio (LTV) and interest rate risk. Prepayment penalties, closing costs, and loan term are factors that influence borrowers' financial planning and decision-making.

The regulatory environment plays a significant role in shaping market activities. Consumer confidence, financial literacy, and foreclosure prevention initiatives are key areas of focus. real estate market volatility and mortgage rates impact the demand for home equity loans, with cash-out refinancing and debt consolidation being popular applications. Amortization schedules, mortgage broker involvement, and escrow accounts are essential components of the loan origination process. Market volatility and housing market trends continue to unfold, requiring ongoing risk assessment and adaptation.

How is this Home Equity Lending Industry segmented?

The home equity lending industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Source

  Mortgage and credit union
  Commercial banks
  Others


Distribution Channel

  Offline
  Online


Purpose

  Home Improvement
  Debt Consolidation
  Investment


Loan Type

  Fixed-Rate
  Variable-Rate


Geography

  North America

    US
    Mexico


  Europe

    France
    Germany
    Italy
    UK


  Middle East and Africa

    UAE


  APAC

    Australia
    China
    India
    Japan
    South Korea


  South America

    Brazil


  Rest of World (ROW)

By Source Insights

The mortgage and credit union segment is estimated to witness significant growth during the forecast period.

In the realm of home equity lending, mortgage and credit unions emerge as trusted partners for consumers. These financial institutions offer various services beyond home loans, including deposit management, checking and savings accounts, and credit and debit cards. By choosing a mortgage or credit union for home equity lending, consumers gain access to human advisors who can guide them through the intricacies of finance. Mortgage and credit unions provide competitive rates on home equity loans, making them an attractive option. Consumer protection is a priority, with fair lending practices and rigorous risk assessment ensuring creditworthiness. Economic conditions, employment history, and credit score are all taken into account during the loan origination process.

Home equity loans can be used for various purposes, such as home improvement projects, debt consolidation, or cash-out refinancing. Consumer confidence plays a role in loan origination, with interest rates influenced by market volatility and economic conditions. Fixed-rate and adjustable-rate loans are available, each with its advantag

The largest average amount of capital granted for mortgage-secured loans for house purchases in Italy in 2024 was in Central Italy. This data is limited to loans exclusively linked to the purchase of a dwelling guaranteed by the same home purchased. In Central Italy, the average size of a mortgage loan was ******* euros, whereas the country average stood at ******* euros.

The Italy manufactured homes market is expanding as demand for low-cost, adaptable housing alternatives develops. Manufactured homes offer a cheap alternative to traditional living, especially in light of escalating real estate prices. The market benefits from enhanced building quality, energy efficiency and customization possibilities, which appeal to first-time buyers and retirees alike. This is likely to enable the market size surpass USD 458.6 Million valued in 2024 to reach a valuation of around USD 742.3 Million by 2032.As the advantages of manufactured houses become more widely recognized, they are being integrated into a variety of housing alternatives, including urban projects and vacation homes. The rising demand for Italy Manufactured Homes is enabling the market grow at a CAGR of 6.2% from 2026 to 2032.

The average duration of mortgage-secured loans for house purchases (limited to loans exclusively linked to the purchase of a dwelling guaranteed by the same home purchased) in Italy in 2023 was **** years. The duration of mortgage-backed loans was overall similar around all regions surveyed, ranging from **** years in North-East Italy and the islands to **** years in Central Italy.