The Italian housing market experienced a deceleration in price growth during the second quarter of 2026, with national house prices rising by 4% year-on-year. This marks a slowdown from the 5.1% increase recorded in the first quarter, according to national statistics.
Among Italy’s major cities, Turin saw the most significant growth, with house prices soaring by 8.5% compared to the same period last year. This increase is a notable acceleration from the 3.8% growth seen in the first quarter, highlighting Turin’s dynamic real estate market.
Rome also experienced robust growth, with house prices rising by 6.4% year-on-year. This figure represents an acceleration from the 5.5% increase recorded in the previous quarter, indicating sustained demand in the capital’s housing market.
Conversely, Milan’s housing market showed signs of cooling, with a modest 2.4% year-on-year increase in house prices. This growth rate marks a significant slowdown from the 7.1% surge seen in the first quarter, suggesting a potential shift in the city’s real estate dynamics.