The residential real estate market in Italy is off to an encouraging start in 2025. According to official datafrom the Real Estate Market Observatory (OMI), more than 172,000 property sales were recorded in the first quarter, representing an11.2% increase compared to the same period in 2024.
The growth in home sales is widespread across all regions: the Northeast (+14.7%) and Northwest (+12.3%) are driving the recovery, followed by the Central region and the Islands. Even smaller municipalities are seeing a significant increase, confirming that housing demand is expanding across the entire country.
First-time homebuyer mortgages play a key role. 45.8% of buyers chose to finance their purchase with a mortgage, encouraged by an average interest rate that has fallen to 3.22%. In addition, 73% of transactions benefited fromthe first-home tax break, a sign that homeownership remains a priority for Italian families.
Major cities are following this trend: Genoa (+13.5%), Turin (+12.2%), and Rome (+10.7%) are showing the highest growth rates. Milan, Bologna, and Naples follow with increases ranging from 6% to 9%.
With more affordable mortgages, tax incentives in place, and rising confidence, 2025 looks set to be an ideal year for those looking to buy a home in Italy.
