Housing Index in Italy decreased to 113.30 points in the first quarter of 2025 from 113.50 points in the fourth quarter of 2024. This dataset provides - Italy House Price Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about House Prices Growth

• Italy house prices grew 3.9% YoY in Sep 2024, following an increase of 2.9% YoY in the previous quarter.
• YoY growth data is updated quarterly, available from Mar 2011 to Sep 2024, with an average growth rate of 0.2%.
• House price data reached an all-time high of 5.2% in Jun 2022 and a record low of -7.1% in Mar 2013.

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

The highest average price for residential property in Italy in September 2024 was registered in the region of Trentino South-Tyrol, followed by Aosta Valley and Liguria. These three regions ranked as the most expensive in the country also because of their strategic position, natural beauty and peculiarity. These characteristics make them economically successful and, from a touristic point of view, appealing to a wealthy public. In Trentino South-Tyrol, the square meter price of residential real estate was over ***** euros, nearly ***** euros above the country average. Lombardy: the most active market in the sector The region of Lombardy (which includes Milan) might not be as exclusive as the regions mentioned above, but its real estate market is the most active in Italy. In 2022, Lombardy registered over 165,000 transactions in the residential real estate segment. Moreover, the total value of these transactions amounted to almost ** billion euros. Milan, an attractive destination for investments 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. The ability to grow and innovate was also reflected in the city’s real estate market, the most dynamic in the country. The number of transactions in residential real estate in Milan increased steadily since 2012 and so did prices: some areas of the city are among the most expensive in the country to buy a property.

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.

Graph and download economic data for Residential Property Prices for Italy (QITN628BIS) from Q1 1927 to Q1 2025 about Italy, residential, HPI, housing, price index, indexes, and price.

Graph and download economic data for Real Residential Property Prices for Italy (QITR368BIS) from Q1 1948 to Q4 2024 about Italy, residential, housing, real, and price.

The average price of houses, apartments and residential real estate for sale in the Italian city of Venice as of October 2024, was the highest in San Marco, Rialto, at nearly ***** euros per square meter. Compared to the national average of Italy, the average prices in Venice were higher in most of the areas. In Mestre, Chirignago, Marghera, Catene, on the other hand, housing was the least expensive at around ***** euros per meter.

The prices of residential properties in Rome, Italy, have significantly fluctuated between 2016 and 2024. In October 2024, buying a residential property in Rome cost on average 3,411 euros per square meter, down from 3,489 euros per square meter in December 2016 during the market peak. A more detailed look into the city’s real estate market showed that residential dwellings in the most affluent areas of the city can fetch up to more than six thousand euros per square meter. Positive signals for the real estate market In general, lower prices seem to have attracted interest in the real estate market in the city. The number of residential property transactions in Rome has increased steadily since reporting the lowest value in 2013, when about 23.8 thousand transactions were registered. Not a city for investments Despite boasting lower prices when compared to Milan, Rome didn’t seem to be able to catch the interest of foreign investors. In 2018, the Italian capital could attract only 19 percent of the total foreign investments in the real estate sector in Italy. Moreover, in a list of the most popular cities in Italy for residential property purchase for investment Rome ranked last behind all major Italian cities.

Residential Property Prices in Italy increased 4.42 percent in March of 2025 over the same month in the previous year. This dataset includes a chart with historical data for Italy Residential Property Prices.

In 2024, Milan boasted some of the most expensive residential real estate properties in the country. A ranking of the priciest districts of the city for residential properties showed that home buyers could expect to pay on average close to 10,780 euros per square meter in the district Centro (historical city center). In Milan, renting a dwelling also comes at a cost. The rental price in the same area amounted to nearly 31 euros per square meter in 2024. Milan, an attractive destination Milan is one of the most dynamic Italian cities. In recent years, the city was able to create jobs and expand investments in many sectors, attracting capital and talent both from Italy and from foreign countries. This growth was reflected also in the real estate market, which has proved to be the most dynamic in the country in recent years. Transactions in residential real estate in Milan increased steadily since 2012. Moreover, Milan was one of the most popular cities in Italy for residential property purchase as an investment. More tourists after Expo 2015 Hosting the Expo 2015 was a brave bet for the city. Thanks to public and private investments, Milan could carry out much-needed projects in terms of infrastructure and regeneration of some central areas of the city. In this sense, Expo 2015 also allowed the city to place itself on the map of the most popular tourist destinations in Europe and left a positive effect on the city’s tourism fluxes. International visitors have increased steadily since it was announced that the city would be the host of the global event, and continued to do so also in the years following the Expo.

House Price Index YoY in Italy remained unchanged at 4.40 percent in the first quarter of 2025 from 4.40 percent in the fourth quarter of 2024. This dataset includes a chart with historical data for Italy House Price Index YoY.

Italy - House price index was 4.40% in March of 2025, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Italy - House price index - last updated from the EUROSTAT on July of 2025. Historically, Italy - House price index reached a record high of 5.20% in June of 2022 and a record low of -7.10% in March of 2013.

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.

Key information about Italy Gold Production

• Italy Real Residential Property Price Index was reported at 73.309 2010=100 in Sep 2024.
• This records an increase from the previous number of 73.167 2010=100 for Jun 2024.
• Italy Real Residential Property Price Index data is updated quarterly, averaging 61.873 2010=100 from Mar 1947 to Sep 2024, with 311 observations.
• The data reached an all-time high of 105.051 2010=100 in Sep 2007 and a record low of 29.861 2010=100 in Sep 1947.
• Italy Real Residential Property Price Index data remains active status in CEIC and is reported by Bank for International Settlements.
• The data is categorized under World Trend Plus’s Association: Property Sector – Table RK.BIS.RPPI: Selected Real Residential Property Price Index: 2010=100: Quarterly. [COVID-19-IMPACT]

The House Price Index (HPI) measures the evolution of market prices of all residential properties that are purchased by households (flats, detached houses, terraced houses, and others), regardless if purchased for own-occupancy or as an investment. Over the period of consideration, the House Price Index for existing dwellings in Italy reached the highest level in the second quarter of 2024 at 108.4 and reached its lowest level in the first quarter of 2019 at 96.8. Across the different regions, Trentino South-Tyrol recorded the highest house prices.

Italy IT: Price to Income Ratio: sa data was reported at 88.692 2015=100 in Dec 2024. This records an increase from the previous number of 88.155 2015=100 for Sep 2024. Italy IT: Price to Income Ratio: sa data is updated quarterly, averaging 99.856 2015=100 from Mar 1970 (Median) to Dec 2024, with 220 observations. The data reached an all-time high of 133.618 2015=100 in Sep 1974 and a record low of 74.803 2015=100 in Jun 1988. Italy IT: Price to Income Ratio: sa data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Italy – Table IT.OECD.AHPI: House Price Index: Seasonally Adjusted: OECD Member: Quarterly. Nominal house prices divided by nominal disposable income per head. Net household disposable income is used. The population data come from the OECD national accounts database.

House price index in Italy, March, 2025 The most recent value is 95.94 index points as of Q1 2025, a decline compared to the previous value of 96.11 index points. Historically, the average for Italy from Q1 1990 to Q1 2025 is 78.21 index points. The minimum of 37.43 index points was recorded in Q1 1990, while the maximum of 102.23 index points was reached in Q3 2008. | TheGlobalEconomy.com

The house price ratio in Italy declined between 2012 and 2024. The ratio measures the development of housing affordability and is calculated by dividing nominal house price by nominal disposable income per head, with 2015 set as a base year when the index amounted to 100. Italy's index score in the second quarter of 2024 amounted to 86.2, meaning that income growth has outpaced house price growth. Most of the countries in the Euro area observed the opposite trend, with house prices having risen at a faster pace than income.

Italy - Real Residential Property Prices: 78 years of historical data from 1947 to 2025.