Key Market Indicators
The Italian real estate market is projected to see a decline in revenue over the coming years, with estimates suggesting it will fall to €27.3 billion by 2028 from its current €32 billion in 2023. This represents an annual decrease of 2.6% in compound annual growth rate (CAGR). The Italian market has been experiencing a steady decline since 2010, with an average annual reduction of 2.9%. In the 2023 global rankings, Italy holds the sixth position. The Netherlands ranks just ahead of Italy, also with €32 billion in real estate revenue. Leading the rankings are France, the United Kingdom, and Sweden, occupying the second, third, and fourth positions, respectively.