Another closes week in the name of the raises for the securities of the sector real estatelisted in Piazza Affari, with the attention of investors concentrated on central banks, in particular on Federal Reserve, After inflation in the United States has marked an increase higher than expected, in January, taking 3%, level above the zipper of the central bank. The data fueled the hypotheses between the experts of one raw cutting by the American central bank, in December and, no longer in September, as expected.
US inflation strengthens the prudent approach of the Fed
There Price race in the United States It is linked to the highest costs for the home, but also to the increase in car insurance, food prices and air rates. The data on inflation arrives while signs of concern for the economy American between Trump’s duties and the narrowness on immigration that is weighing on the trust of companies. The president’s imposed rates have not weighed on January surveys and this suggests the possibility that prices continue to increase.
After the hearing of the President of the FedJerome Powell at Congress, Fed’s concern was evident for potential rising risks in the short term, explains Richard Flax, Chief Investment Officer of Moneyfarm, who “reflect in part the uncertainty about commercial policy dHe united states and its potential impact on consumer prices “. The central bank does not seem to be in a hurry to further lower interest rates, and “operators of the monetary market have already reduced the bets on rates cuts this year”, adds the expert.
The trend of the sector on the stock exchange
The real estate sector on the Milanese square lived a week contrasted and then close up on the rise, with the index FTSE ITALY All Share Real Estate which brings home a climb of 1.15%. Itself the trend for the sector, at European level, with The Stoxx 600 Real Estate index on the rise of 1.7%.
Real estate securities listed in Milan
Among the real estate companies listed in Piazza Affari, Rehabilitation It is among the few to record a drop and slips by 6.1%. Aedes -2.94% and Dotstay -0.6%. On the side of the rise, Next Re V8.1%, followed by Brioschi +8% and Gabetti +2.5%. Raises over 1% for IGD Which during the week announced that it has signed a Green Secured financing contract for 615 million euros, with a pool of primary banks and national and international financial institutions. Well Live in +1.8% that in the week raised the veil on the accounts of the first quarter closed at 31 December 2024.
Macroeconomic data
Mutual questions in the United States is increasing. In the week to 7 February 2025, the index that measures the volume of mortgage loan applications records an increase of 2.3%, after increasing 2.2% of the previous week. The index relating to refinancing requests increased by 9.6%, while that relating to the new questions fell by 2.3%. The Mortgage Bankers Associations (MBA) indicated that thirty -year mortgages rates dropped to 6.95% from 6.97% previous.
Sector studies
After a early 2024 in the name of contraction, the market showed signs of recovery In the second and third quarter of 2024, he underlines Renato Landoni, president of Kìron Partner, a group mediation company of the group Tecnocasa. Even the prospects of the economic trend improve: according to the latest projections it is expected that this year the inflation will drop to 2.5%, and then reach 2.2% in 2025 and 1.9% in 2026. GDP is also expected at +0.5% in 2024.
The ability of balance the fight against inflation with support for CrescitEconomic and social will remain one of the main challenges for the near future. In consideration of all this “we expect Mutual volumes in moderate growth in 2025 Compared to the fact that we will record at the end of 2024 “.
