Italian property market collapses, down 10% in 2023. Some 710,000 residential properties changed hands last year, the observatory said.
The property market declined in all quarters last year but the fall slowed to 3.3% in the final quarter, it said. ALL RIGHTS RESERVED. © Copyright ANSA. All rights reserved. The Italian property market collapsed last year showing a 10% fall in real terms over 2022, the inland revenue agency's observatory on the real estate market said Thursday.