The housing stock continues to grow, and it does so with a good dynamism that has not affected all cadastral groups and categories. According to the latest data from the Cadastral Statistics of the Real Estate Market Observatory of the Italian Revenue Agency, in fact, the real estate units registered in the Italian cadastral archives have reached almost 75.5 million properties or portions thereof, up 0.6 percent compared to 2017 (+ 400 thousand units).
The composition of the stock
Going into more statistical detail, it emerges that the housing stock is 88 percent represented by units owned by individuals, and 11.5 percent is instead held by non-individuals. A residual share, on the other hand, relates to common property, i.e., census-designated common property.
Evidently, as might have been expected, the predominant share of housing units with natural person intestate holders stands out in groups A and C, with percentages around 90 percent, while it turns out to be less pronounced for units in category A/10 (Offices and private offices), within which just over 56 percent turns out to be held by natural persons. On the other hand, the share of stock with non-individual holders is almost 90 percent for units in groups B and E, and is still prevalent (albeit with less Bulgarian majorities of about 55 percent), for properties in group D.
The cadastral income
The total cadastral rent that turns out to be attributed to the Italian real estate stock for 2018 amounts to nearly 37.5 billion euros, of which 61 percent is related to real estate owned by individuals (more than 22.8 billion euros), while the remaining 39 percent or so (more than 14.5 billion euros) is held by non-individuals. Turns out to be just under 30 million euros (i.e., 0.1 percent of the total) is the cadastral annuity that is attributed to common census property. Compared to the 2017 data, the cadastral yield has increased by 0.5 percent.
Taking a look at the distribution of cadastral income, we note that the share of group A (except A/10) is predominant, with 17 billion, and the share of group D, with 10.5 billion.
The residential housing stock
Finally, we close with a brief reference to the real estate units registered in the cadastral categories of group A (with the exception of A/10), that is, those that consist of dwellings.
Also according to the data that was provided by Cadastral Statistics, as of December 31, 2018, there were approximately 35 million residential units in existence, or 92 thousand more units than were surveyed in the previous year.
In more detail, civilian and affordable housing (A/2 and A/3), cottages (A/7), and typical local dwellings and housing (A/11) are growing, with rates not exceeding one percentage point. In contrast, stately dwellings (A/1), working-class dwellings (A/4), villas (A/8), castles and palaces of value (A/9), and with even higher rates, ultra-popular dwellings (A/5) and rural-type dwellings (A/6) are falling.
