What has just ended was one interlocutory week for the real estate sector On the stock exchange, while most of the global indices closed up after the conflict resolution between Iran and Israel (with the support of the USA), while the born summit ended with an agreement and the renewed commitment of President Trump to the common defense. In the coming weeks, it is probable that Attention returns to the US dutiessince the various postponements of the tariff increases are about to expire, as well as on the US budget process for 2026, including tax cuts. On the interest of interest rates, which have an impact on the furniture sector, the wait for the Sintra of the ECB forum rises to identify indications on the path of the cuts by the most important global central banks.
The trend of the sector on the stock exchange
The real estate sector has lived a little moved week at European level, with the index Stoxx 600 Real Estate which has not scored any significant variation, sub-contracting the trend of the Stoxx Europe 600 (+1%).
A better performance was scored by Italy, where the index FTSE ITALY All Share Real Estate He showed an increase of 1.1% on a weekly basis, also in this case worse than the FTSE MIB index, which closed the week with a rise in 1.4%.
Real estate securities listed in Milan
Among the listed real estate companies in Piazza Affari, there was a week positive To live in (+6.8), Aedes (+3%), PGD (+1.6%). Little moved Restore and Brioschi. Negative Instead Gabetti (-2.1%), Next Re (-1.8%).
Among the corporate communicationsBrioschi Development Real Estate has communicated the variation of the composition of the share capital entirely signed and paid, following the cancellation of 8,569,932 its own actions in portfolio without reduction of the share capital, approved by the extraordinary assembly of the shareholders of 22 May 2025.
Macroeconomic data
On the macroeconomic front, most of the indications have arrived in the United States. Mutual applications have returned to increase in the last week (+1.1%), despite the rates on thirty -year mortgages 6.88% from 6.84% previous, according to Mortgage Bankers Associations data (MBA). The sales of existing houses recorded an unexpected increase in May, according to data from the National Association of Real Estate Agents (Nar), while the prices of the real estate descended in April, according to the research of the Federal Housing Finance Agency and S&P Case-Shiller.
Sector studies
During the week, interesting data arrived from Istat, according to which there were 209,630 in the third quarter 2024 notarial conventions of sale relating to translation deeds for a burdensome for real estate units. The percentage variation calculated on the decreased data is equal to +1.5% compared to the previous quarter, while the variation on an annual base calculated on the rough data is -0.2%. 94% of the conventions stipulated concern the transfers owned by residential properties (196,969), 5.7% those for economic use (11,966) and 0.3% those for special use and multipropriety (695). The notary conventions for mortgages, funding and other obligations with the establishment of real estate mortgage are 79,599. The percentage variation calculated on the decreased data is +6.1%, compared to the previous quarter, while the variation on an annual basis calculated on the rough data is +9.8%.
A research by Immobiliare.it instead investigated In which Italian cities it is even more convenient to rent and in which instead it is worth buying through a mortgage. Among the cities where it is more convenient to rent, Milan stands out, where the average installment of a mortgage is currently amount to almost 1,900 euros/month, while the fee remains just below 1,500 euros/month. Among the regional capitals, the lease is also more advantageous in Naples, Bologna, Florence and Aosta. Among the 6 cities in which, on the other hand, it is at the most convenient moment to buy a house, Rome deserves a mention: in the capital, the average installment of the mortgage is slightly lower than the fee, respectively 1,385 euros/month against 1,407 euros/month. Although the cities in which it is better to rent again, the tendency of the last year seems to highlight a decisive change of course: in fact, compared to 12 months ago almost everywhere the mortgages have lowered or stabilized, while the rent, following the national growth trend, are up almost everywhere.
According to a report by Tecnocasa, in 2024 the retail salesaccording to data from the Revenue Agency, 5.3% increased and the year closed with 42,963 sale. Those who buy this type of real estate do it almost always to create a real estate investment and the data collected by Tecnocasa through the group’s specialized networks say that, in the second half of 2024, the percentage of those who purchased for investment was 43.3%. The majority of the shopping stores is less than 100 square meters; On average, returns around 9-10% gross per year.
