The average price of property in Italy purchased for housing or for investment increased by 1.2 percent in the Q3 of 2021 compared to the Q2, and by 4.2 percent compared to the Q3 last year, according to new preliminary data from Italian national statistics agency Istat.

While a relatively modest increase, this confirms a continuation of the trend of rising house prices in Italy amid the pandemic following a brief lull over summer.

New homes continue to drive the rise in prices in 2021, with a 3.3 percent rise, while the price of existing properties rose by 1.8 percent.

Sources from thelocal.it