Residential sales increased 81% in Q2 2025 compared to a year ago.

23.09.2025
The Italian real estate market continues to show positive signs. The Italian Revenue Agency has released the quarterly report from the OMI Observatory for the second quarter of 2025, which shows residential property transactions increasing by 8.1% compared to the same period in 2024. Turin and Palermo even showed double-digit growth rates (+11.3% and +10% respectively). Rentals are also on the rise: the number of homes for which a new contract was registered increased by 1.5% compared to 2024. Increases were widespread in all cities except Naples, which saw a slight decline; Turin and Palermo showed the highest increases, over 10%, followed by Milan with volumes up 6.6%. Increases of over 5% were observed in Bologna, +6.1%, and Genoa, +5.6%, while the increases were more modest in Rome, +4.1%, and Florence, +3.9%.
The Rental Market
In the second quarter of 2025, nearly 238,000 homes were rented, 1.5% more than in the same period last year. The growth was primarily seen in properties located in municipalities with high housing tension (ATA), where the trend increase was 2.2%, and just 0.4% in non-ATA municipalities. The annual rent agreed for residential leases recorded in the second quarter of 2025 rose by more than 5%, equal to a total volume of nearly €1.9 billion.

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Rents continue to rise, with record prices per square meter in July.

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