The first half of the year recorded a positive trend for luxury homes, with the local lockdowns in March having a limited impact.

With regard to prices, slight growth was observed in Milan (+1.6%), with stability in Rome, Genoa and Florence, and slight decreases in Naples and Turin.

Average sale times were around 4-6 months in Milan, 5-6 months in Genoa, 5-7 in Turin, 6-7 months in Florence, 6-7 in Naples and 6-8 months in Rome.

Discounts upon closing of negotiations were around 9-10% for Milan, Rome, Genoa and Florence; slightly lower in Turin (7%) and higher in Naples (13%).