Two -speed week for the real estate sector, which in Italy has marked a negative performance, also of reflection for the publication of the half -yearly results of some companies in the sector. Better the sector in the rest of Europe, which also benefits from the cutting tassi announced by the Bank of England.
Boe cuts interest rates but divides itself
The most important appointment of the week was with the bank of England, which announced a cut of the interest rates of 25 basis points, bringing the official discount rate to 4% from 4.25% previous. A decision that divided the board into two, which L0HA voted with a narrow majority of 5 members in favor and 4 against. To divide the bankers is the different weight that everyone has assigned to the growth and inflation parameters, since the growth of prices remains a little high, even if far from the maximum seen between 2023 and 2024
In the meantime, the Fed is still struggling with Jerome Powell’s future succession, for which President Trump would select a rose of four candidates. The governor Christoper Waller would remain in pole, who appears to be the most suitable for the consultants of the White House for his focus on inflation prospects rather than current data.
The macro data of the week
Mutual questions in the United States is increasing. In the week to 1 August 2025, there is an increase of 3.1%, after the drop of 3.8% of the previous week. The index relating to refinancing requests increased by 5%, while that relating to the new questions has risen by 2%. Trential mortgages rates fell to 6.77% from 6.83% previous.
In the United Kingdom, the price index of the houses developed by Halifax, reported a recovery of the prices of the houses, recording a drop of 0.4% on a monthly basis in July, higher than the consensus (+0.1%) and an increase of 2.4% on an annual basis, compared to the previous 2.7%.
The news from the sector
An investigation by Idealista.it showed that the prices of homes in Italy recorded a slight increase of 0.3% compared to the previous month, with an average price per square meter equal to 1,833 euros. However, the figure on an annual basis remains negative, with a drop of 1.6%. At the regional level, growth has affected most of the Italian regions (11 out of 20), with the most marked raises in Veneto and Friuli-Venezia Giulia, both increasing by 1%. Lombardy (0.9%), Tuscany and Campania (0.5%) follow, while more content increases are observed in Lazio and Molise (0.4%), up to 0.1%of Calabria.
Mamacrowd, equity crowdfunding platform of the Azimut group, announced that it successfully closed the collection campaign for the “Corso Vittorio 209” real estate project in Rome, reaching 3 million euros thanks to the contribution of 228 investors. The operation concerns the conversion of a prestigious attic in the historic center in 8 residential units with high quality standards. The strong adhesion by the community confirms the market interest towards assets with solid fundamentals, positioned in strategic areas and supported by transparent business plan.
The trend of the sector on the stock exchange
The real estate sector on the stock exchange has experienced a modest week. Better the Stoxx 600 Real Estate Stoxx index, which recorded a strong increase of 3.2% on a weekly basis.
A negative performance was recorded by Italy, where the FTSE Italia Al All Share Real Estate sells about 0.54%, undergoing the FTSE MIB market index which marks a progress of 1.7%.
Among the real estate companies listed in Piazza Affari, the only positive performance is that of Gabetti that advances by 1.49% on a weekly basis. The worst is Libitarein, which collapses by 7.25%, after having announced a decline in the last in the 3rd quarter of 2 million euros and revenues for 84.6 million euros. Heavy negative performance also for Next Re who retreats by 7.88%, while Aedes slips by 4.55%and Brioschi of 2.47%.
Contains losses Risenment (-1%) and PGD (-0.46%), the latter after announcing the closure of the first half of the semester with a net profit of 10.6 million euros, in strong improvement compared to the loss of -32.5 million euros in 2024.
