Tuesday, August 3, 2010

Good Start in 2010 For Homes in Italy

12% over the previous period, confirming a positive sign of stabilization that had already occurred during the year, as shown in the surveys made by the Agency of Territory.

Another fact showing optimistic signs lays in the growth of the percentage of agents who have sold at least one property, as much as 71% of cases. This is the highest value detected since January 2009.

The only controversial note of the study is on the number of sales in urban areas of Central and Southern areas, which experienced a downturn of the total number of sales. Reassuring data were found for house prices, in fact, during the first three months of the year the proportion of agents registering a price compression has decreased from 45.4% observed in late 2009 to 42.6%.

But there is something more interesting about the Italian real estate market.

The fact is that Italy still has a great appeal to foreigners, even more than in past years, compared to other European countries.

In the first quarter 2010 there was a strong increase in traffic from foreign countries by 76% compared the first three months of 2009. Also a vertical leap in searches for Italian homes has been registered, resulting in a strong increase also in the number of enquiries in the matter of 67%.

Italy is considered the most robust and secure real estate market of the Mediterranean area where to invest their money, in addition to the fact that Italy exercises, as always, a strong attraction for its lifestyle.

For the future, there is a confirmation of this trend, placing Italy at the top of the demands from overseas, certifying a great esteem for the Italian property market due to the solidity shown suring this recession period.

Gate-away.com lists also hundreds of selected homes for sale in Sicily and properties in Sardinia for foreign investors

Article Source:http://EzineArticles.com/?expert

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