Real-estate sales down 7% in 2023

(ANSA) - ROME, MAY 15 - In Italy 1,030,507 real-estate sales were registered in 2023, down by 7% on the 1,108,081 properties sold the previous year, according to notary statistics released on Wednesday.
    The average price of a property last year was 154,416 euros, down from 158,074 in 2022 and 155,118 in 2021.
    The average value of new mortgages granted last year fell by 26%, according to the statistics.
    The report said high interest rates was a factor in this drop.
    (ANSA).