ROMA (ITALPRESS) – According to the preliminary estimates Istat, in the fourth quarter of 2025 the index of housing prices (IPAB), purchased from households for housing or investment purposes, increases by 0.9% compared to the previous quarter and 4.1% against the same period of 2024 (was +3.7% in the third quarter of 2025). The tendential growth of the IPAB is to be attributed only to the prices of the existing housing that increase of 5.2%, in acceleration from +4.2% of the previous quarter. The prices of new housing, on the contrary, recorded a marked slowdown in their tendential dynamics, fell to -1.2% from +1.3% of the third quarter of 2025. These trends are recorded in a context of reduction in sales volumes: +0.4% the trend change recorded in the fourth quarter 2025 from the Observatory of the Real Estate Market of the Revenue Agency for the residential sector (from +8.5% of the previous quarter).
On a conjunctural basis, the increase in IPAB (+0.9%) is attributable both to the prices of new housing and to those of already existing, up respectively of 1.3% and 0.8%. On average, in 2025, housing prices increase by 4.0%: new housing increases by 0.6% and existing housing by 4.7%. The dynamics of housing prices recorded in 2025 produces a drag effect to 2026 equal to +1.6% (+3.3% for new housing and +1.3% for existing housing). In the fourth quarter of 2025, the IPAB recorded positive tendential rates in all geographical divisions, although with different intensity: the most sustained growth is recorded in the North-East (+4.7%), the most contained in the South and the Islands (+3.0%). With reference to the large municipalities for which IPAB is estimated, in the fourth quarter of 2025 the most marked increases in housing prices are recorded in Milan and Rome (respectively +6,3% and +5,0%). More moderate the dynamic of the prices of the houses sold in Turin (+3.6%, in acceleration from +2.1% of the third trimester).
– photos of repertoire IPA Agency –
(ITALPRESS).
