The turnover in real estate activities in Italy has seen fluctuations over the years. In 2023, the value was recorded at 1.36 billion Euros. Actual data shows an overall declining trend with notable variations, such as a significant drop in 2017 (-19.74%) followed by a peak in 2018 (+38.65%). The year-on-year variations for the last two years are -0.31% in 2023 and 0.93% in 2022. The Compounded Annual Growth Rate (CAGR) over the last 5 years stands at -3.10%. Future projections indicate a continued decline with a forecasted 5-year CAGR of -2.11% leading up to 2028.
Future trends to watch for include:
- Impact of economic policies on real estate investments.
- Adaptation to technological advancements within the industry.
- Effects of demographic shifts and urbanization patterns.
- Potential recovery factors post-economic downturns.
