To develop a price index for the housing market in Italy, we adopt the hedonic approach which enables us to separate the price variations due to qualitative changes in housing attributes from pure price changes, i.e.intrinsic real estate price variations. The resulting index is munch more robust...

The housing activity in the country, high already, is expected to further accelerate in the next few years, mainly because the government has already announced that it is committed to provide a house for all by 2022. The increased activity will impact the housing markets as a change in the house...