World Economy

Italy Home Prices Could Stabilize

Italy Home Prices Could StabilizeItaly Home Prices Could Stabilize

Italy’s residential property market is expected to stabilize in 2018 as the country’s economy returns to growth after years of recovering from global financial crisis, according to a report Friday, mansionglobal reported. The total residential transaction volume in Italy increased by 18% in 2016, reaching its highest level in the past four years. Meanwhile, as the eurozone’s third largest economy, and the eighth largest in the world, Italy is projected to see a 1.4% growth in 2017, according to a Savills report.

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