Tripled Mortgage Rates Kill Home Buying. Fabi analysis: the ECB's monetary tightening shatters the dream of many young people and families of buying a house, sales in free fall.
The easing of monetary policy, now expected by most observers, is "fundamental precisely to put the banks back in a position as soon as possible to be able to support the real estate market again", says Lando Maria Sileoni, general secretary of Fabi. The number of sales at the end of September 2023 stood at 507,879, compared to the 576,115 recorded in the same period of 2022.