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House prices in Milan: will they continue to rise or will the bubble explode?


The Nomisma report

Even the latest Nomisma report presented in recent days confirms that the Milan real estate market is running at more than double the speed of the rest of the country. Since January, prices have risen by 6% compared to 2.9% of the average of big cities. On an annual basis, the increase of approximately 9%. In the first three months of the year, sales increased by as much as 36%, exactly triple the national average. Not only that, Milan came out much earlier than the other cities from the last great brick crisis, which began in 2011: then, to have a term of comparison using the historical price series of Nomismathe average values ​​of the Lombard metropolis and those of the capital were equivalent, today there is almost 25% of difference, in favor of Milan. The problem is not so much the prices at which the negotiations are closed, as much as those, very high, that are required by those who want to sell. In this context, is there the risk of a bubble or the Milanese market destined to grow indefinitely?

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