In 2020 the possibility of families to buy a house with a mortgage is high
There is an index, developed byABI Studies Office (Italian Banking Association) which summarizes the possibility for an average Italian family to buy the house at the average market price with a bank loan.
It is called the accessibility index (affordability) and is published in Residential real estate relationship made byReal estate market observatory of the Revenue Agency in collaborazione con HELP.
Now in its 20th edition, the report on the housing market shows the volumes, both nationally and regionally, of the purchase and sale of homes and appurtenances, with an analysis of the size of the houses and the turnover deriving from real estate exchanges.
There are also data and trends relating to mortgage loans disbursed for the purchase of homes and those of registered leases.
The higher the index, the easier it is for families to acquire homes with a mortgage.
In this article we focus on the aforementioned index of affordability by ABI, which measures the conditions of access to the purchase of the house by Italian families.
A fine 2020, despite the pandemic, thanks to the reduction in the cost of credit, the accessibility index stood at 15%, a stable level with respect to the end 2019 (15,2%). Phenomenon distributed evenly throughout the national territory.
Alex Gaetani
Source: Press release Abi