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How is the market in Italy. The new poll

Pierpaolo Molinengo

The survey on the housing market in Italy, launched in January 2009 by the Bank of Italy and Tecnoborsa, starting from this edition will seek the cooperation of the Agency of Natural Resources. Between 6 and October 28 were held interviews for the third quarter of 2010 edition, which was attended by 1066 staff, providing information on sales and prices in the reference quarter (July-September 2010), and prospects of the sector.
Estimates of the number of homes sold are based on the observation of intermediate transactions. From the perspective of real estate agents, the transaction is generally ended with the signing of preliminary contract of sale, which may precede, even several months, the transfer of real property registered in the deeds (deed). These aspects may explain the discrepancies observed when comparing the estimates presented here with those based on deeds.
house prices.

The share of agents who report a fall in prices in the third quarter fell to 31.6%, compared to 37.9% recorded for the previous quarter, compared to an incidence even small indications of an increase (3, 6%) increased the stability of the reviews (from 60.6% to 64.9%). The negative balance between the percentages responses to rising and falling was reduced (-28% to -36.4% in the previous quarter). The pattern in all geographic areas and is more pronounced in the regions of Central and North America, where the incidence of reviews of increase rose to 4%.

number of transactions.
In the third quarter of 2010, the share of workers who say they have sold at least one property was 65%, down two points from the previous survey. The number of trades intermediated by the agencies has increased by about 8% over the same quarter of 2009, concentrated in Central and South
Appointments to sell. The

balance between economic decline and reports of increased stocks of positions in sales remained positive, a little less than 20 percentage points, confirming the trend observed since the survey in early 2009.
Also with regard to the new positions, the balance between indications of an increase and reduction is still positive (16.1 percent), it is an increase over the previous survey to 12.4% of the summer, when he recorded a temporary downturn. The lack of buy orders when requested the seller to be too expensive is confirmed as the main cause of termination of the tasks (61.6% of cases was 62.9% in July).

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