Own A House - real estate market news

In Italy attributes of recession of the market of the real estate are officially fixed. They were promulgated in the July report of ground cadastre of Italy Agenzia del Territorio.
In 2007 the sales volume of habitation in the country has decreased on 4,7 % in comparison with the last year. The greatest recession was observed in administrative centers of provinces - in Milan it has made 11,8 %, in Palermo - 12,4 %, and in Naples - 16,2 %.
Also for the first time since 2000 falling of the market in small communes, which is a parameter that the branch is under threat of crisis, has been noted. Falling of a sales volume is accompanied with growth of number of offers. Especially there are too much offers in the north of the country - in regions Veneto, Romania and Lombardy.
Despite of falling of a sales volume, the price continued to grow during 2007. Before it in 2006 prices have risen on 6,1 %: average cost of one square meter in the country has made 1,536 thousand euro.