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New deaths in Italy continue to rise, epidemic hits real estate economy
China News Service, November 28. According to Euronet, the Italian Ministry of Emergency Civil Defense reported on the 27th that the epidemic report on the 27th showed that in the last 24 hours there were 28,352 new confirmed cases of new corona and 827 new deaths in Italy. These are the 4 consecutive days of new deaths in Italy that approach or exceed 800 cases.
As of 6:00 p.m. on the 27th, Italy reportedly had a total of 1,538,217 confirmed cases and 53,677 deaths.
On November 26 local time, the cable car to the ski slopes of Passo Tonale, a ski resort in the Italian Dolomites, was suspended.
At present, the average virus infection rate in Italy has dropped to 1.08, of which 10 regions have fallen below 1. Fontana, president of the Lombardy Region, said that the Lombardy Region finally scored the beginning of a better situation of the epidemic and that they will have the opportunity to restart commercial activities. He thanked all the people of Lombardy for their sacrifices and efforts to contain the spread of the epidemic.
The Italian Minister of Health, Speranza, announced on the 27th that starting on the 29th, the regions of Lombardy, Piedmont and Calabria will be reduced from the high-risk areas of the red epidemic to the moderately orange risk areas; Liguria and Sicily. , It will be reduced from the orange area of moderate epidemic risk to the yellow area of low epidemic risk.
In addition, according to the real estate transaction data analysis report issued jointly by the Italian Bank of Sao Paulo and the market research agency, due to the impact of the new corona epidemic, the transaction volume of the Italian real estate market decreased by 15.5% in the first quarter and fell 27.2% in the second quarter. The decline began to show a gentle trend. The decline in the fourth quarter is expected to remain between 17.1% and 18.7%, and the volume of domestic housing transactions is expected to reach 612,000 units in 2020.
The survey analysis report noted that the Italian real estate market is only expected to show a slow recovery trend from 2022 to 2023. Prior to this, the annual volume of real estate transactions in Italy will remain below 600,000 units. The volume of real estate transactions in 2021 is expected to fall to about 495,000 units.
According to the survey analysis report, property prices are expected to show a continued downward trend in 2021, especially the decline in commercial property prices. Real estate prices in the capital Rome are expected to fall further in 2021, while Milan house prices are expected to rise 0.9% in 2022 and 1.6% in 2023. (Boyuan)
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