Monday, December 20, 2010

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trend in average assets of Italian households

( ilsole24ore.com source)

The brick continues to be the primary tool investment and wealth in Italy, so that at the end of 2009, housing wealth held by Italian households amounted to around 4,800 billion euro, or about 200 thousand euro on average per household. According to the Bank of Italy

in housing wealth has grown at current prices from late 2008 through the end of 2009 some 0.3% (about € 13 billion), a value well below the annual average for the period 1995-2008 (about 6.3% due to the slowdown in prices on the real estate market). In real terms, the change in housing wealth compared to 2008 was equal to about 0.4% while, for the first half of 2010 is estimated to increase the value of wealth in housing than 1%.

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