The Bank of Italy published its Italian Housing Market Survey for 2025 Q2, based on a sample of real estate agents interviewed between 16 June and 16 July 2025. The results indicate that house prices continued to rise in the quarter, but more moderately than in the previous quarter, while rents kept increasing with signs of a slowdown; agents also reported that difficulties in obtaining home mortgage loans eased for the seventh consecutive quarter. The average discount on asking prices and time on market increased slightly, but both remained close to their historical lows since the survey began. Demand stayed strong, with a small year-on-year increase in potential buyers, while new sale listings declined; the gap between asking and bidding prices remained the main reason for cancelling sale listings. More than half of respondents pointed to a large impact from short-term lets in their markets, with significant effects on both housing prices and availability.
Bank of Italy 2025-08-11
Bank of Italy releases 2025 Q2 housing market survey showing moderating price increases and easing mortgage constraints
The Bank of Italy's Italian Housing Market Survey for Q2 2025 shows a moderate rise in house prices and a continued increase in rents, albeit with signs of slowing. Mortgage loan accessibility improved for the seventh consecutive quarter, while demand remained strong despite a decline in new sale listings. Short-term lets significantly impacted housing prices and availability, according to over half of the surveyed real estate agents.