Real estate market recovers in Q2 - OMI report

(ANSA) - ROME, SEP 12 - The property market recovered in the second quarter of 2024, the inland revenue agency's observatory on the real estate market (OMI) said Thursday.
    However, the property market declined in Milan and Florence, it said.
    In detail, some 186,000 residential properties changed hands in the second quarter, over 2,000 more compared to the second trimester of 2023 (+1.2%), in stark contrast to the 7.2% decrease recorded in the previous trimester, the observatory said.
    Figures concerning the eight main cities analysed by the report highlighted in general a slighly negative annual trend with downfalls registered in particular in Milan (-7.3%) and Florence (-8.15%).
    The property market instead performed well in Rome (+3.4%) and Genoa (+3.9%). (ANSA).