House prices

The House Price Index (HPI) measures the evolution of market prices of all residential properties that are purchased by households (flats, detached houses, terraced houses, etc.), both new and existing, independently if bought for own-occupancy or as an investment.

According to preliminary estimates, in the second quarter of 2017:

• the House Price Index (see Italian IPAB) increased by 0.3% compared with the previous quarter and decreased by 0.1% in comparison to the same quarter of the previous year (it was -0.2% in the first quarter of 2017);
• prices of new dwellings increased by 0.3% compared to the previous quarter and by 0.1% with respect to the second quarter of 2017 (up from -0.6% observed in the previous quarter); prices of existing dwellings increased by 0.2% compared to the previous quarter and decreased by 0.3% with respect to the second quarter of the previous year (it was stable in the first quarter of
  2017).