Homes, sales growing in 2022 (but in Italy the G class prevails) – Corriere.it

In 2022 bricks and mortar still proved to be the safe haven asset par excellence, with prices and transactions on the rise. But the economic slowdown, which began in recent months and continued at the beginning of this year, casts shadows on the short-term prospects also for the unknowns on the cost of money and mortgage granting policies. While in the medium term everything remains to be assessed the impact that the EU directive on green houses could have on the market. Data on the housing market and issues relating to energy efficiency were at the center of the presentation of the new Fiaip observatory, the Italian federation of professional Italian agents, created in partnership with Enea and I-com.

Recent drop in transactions

Last year, according to official data from the Revenue Agency, 784,486 transactions were recorded, a figure which represents an increase of 4.8% on the remarkable performance of 2021. But all that glitters is not gold, because in the fourth quarter, as we said, there has been a trend reversal that has led to a drop of 2.1% compared to the same period of 2021. On an annual basis, the record growth among the 8 major Italian cities was recorded by Palermo, with +11.4%, followed by Milan, with +6.2% and Turin, with 5.9%. The Capital scored +3.1%. If, on the other hand, we look at the data for the last quarter, Palermo still proves to be the most dynamic, with +9.2%, Milan -4.6% and Rome -6.1%.

Prices city by city

As far as prices are concerned, Fiaip, which presented the detailed data of the regional capitals, indicates an increase in the average values ​​of Milan of 7.4%, followed by Bologna +5.6%, Rome +5%, Florence +3.8%, Naples +3.5%, Genoa +2.9%, Turin +2.2%, Venice +2% and Palermo +1.5 %. Instead, as regards leases, the greatest increase (+15%) was recorded in Bologna, followed by Milan +12%, Florence +11.8%, Rome +11%, Naples +9.3%, Venice +7.1 %, Turin +5%, Palermo +4.9% and Genoa +1.1. Prices also rose due to the scarcity of supply, particularly marked in major cities and more evident in rentals. For this year, the Fiaip Research Office expects stable transactions and prices that continue to rise.

Large presence of class G properties

Finally, a large part of the Observatory dedicated to issues related to energy efficiency. The collected data confirms that the transactions mostly concern theused energy-intensive properties, with a strong presence of class G buildings. The phenomenon is particularly relevant in properties in the extreme suburbs, where as many as 86% of the houses subject to negotiation do not reach at least class D (the one that should be achieved by 2033 according to the EU directive). An important signal that comes from the market is the growth of interest in “green renovations”, a category to which buildings renovated with the Superbonus rightfully belong.