by InTrieste
In a recent report released by the Cresme research center, Trieste emerges as the second city in Italy witnessing a significant surge in rental prices between 2022 and 2023. According to data compiled from Omi-Agenzia delle Entrate, while the average rental rates across Italy saw a modest uptick of 6.1 percent, Trieste experienced a notable spike of 16.4 percent.
These findings underscore a broader trend in urban rental markets, with Milan surpassing all others with a staggering 19.2 percent increase in rental costs. The study attributes these escalations to factors such as territorial competitiveness, where in vibrant urban hubs, rental prices tend to align with the general uptrend in market prices.
The report sheds light on the complexities within the Italian housing market and prompts discussions on strategies to address the challenges posed by escalating rental prices, particularly in cities experiencing rapid economic growth and development.
