In the first semester 2010, the luxury property market registered a strong increase in demand for purchases, while the rental property market showed a further decrease in its appeal especially in Milan, which suffers from a chronic lack of supply due to the limited dimension of its exclusive areas and its monocentrality. These data emerge from Tirelli-Nosmisma's Observatory on luxury properties for the first semester 2010. Milan and Rome are substantially equal in terms of both average price per square meter (which exceed 10.000 €/square meter in both cities), and top prices. With regard to the absolute top-price, Milan confirms its supremacy with approximately 22.500 €/square meter.
Exclusive residences: 1st semester 2010, prices and trends
30/09/2010, 09:39 | Milano, Roma | Nomisma S.p.A., Tirelli & Partners S.r.l.
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