Novara province · report
Past price cycles in Novara province
Valuations have fallen by 3% or more once since 2016. That fall began in 2016.
- Deepest fall
- −4.2%
- Recovery from the low
- 12 months
Prices in Novara province and in Italy, indexed
OMI valuations, both set to 100 in 2016.
- Novara province
- Italy
- 100 = 2016
Show the numbers
| Period | Novara province | Italy |
|---|---|---|
| 2025 | 113.2 | 99.9 |
| 2024 | 109.4 | 98.0 |
| 2023 | 104.0 | 96.6 |
| 2022 | 100.6 | 95.3 |
| 2021 | 95.8 | 94.4 |
| 2020 | 96.5 | 95.0 |
| 2019 | 97.6 | 96.8 |
| 2018 | 98.8 | 97.7 |
| 2017 | 98.8 | 98.5 |
| 2016 | 100.0 | 100.0 |
Every fall of 3% or more
From the peak to the lowest month after it, and how long prices took to get back.
| Peak | Low | Fall | Months falling | Months to recover |
|---|---|---|---|---|
| 2016 | 2021 | −4.2% | 60 | 12 |
Italy against the EU since 2015
Eurostat's house price index for all dwellings, 2015 = 100. National figures, comparable across member states.
- Italy
- EU
- 2015 = 100
Show the numbers
| Period | Italy | EU |
|---|---|---|
| Q2 2026 | 121.0 | 168.6 |
| Q1 2026 | 119.1 | 166.5 |
| Q4 2025 | 118.0 | 164.6 |
| Q3 2025 | 117.0 | 163.5 |
| Q2 2025 | 116.4 | 161.0 |
| Q1 2025 | 113.3 | 158.5 |
| Q4 2024 | 113.5 | 156.2 |
| Q3 2024 | 112.8 | 155.1 |
| Q2 2024 | 112.0 | 152.7 |
| Q1 2024 | 108.5 | 149.8 |
| Q4 2023 | 108.7 | 148.9 |
| Q3 2023 | 108.7 | 149.1 |
| Q2 2023 | 108.8 | 148.2 |
| Q1 2023 | 106.8 | 147.6 |
| Q4 2022 | 106.8 | 148.7 |
| Q3 2022 | 106.9 | 150.9 |
| Q2 2022 | 108.1 | 149.6 |
| Q1 2022 | 105.7 | 146.2 |
| Q4 2021 | 104.0 | 143.2 |
| Q3 2021 | 103.9 | 140.2 |
| Q2 2021 | 102.8 | 136.0 |
| Q1 2021 | 101.1 | 132.1 |
| Q4 2020 | 100.0 | 129.8 |
| Q3 2020 | 99.8 | 128.1 |
| Q2 2020 | 102.4 | 126.3 |
| Q1 2020 | 99.4 | 124.4 |
| Q4 2019 | 98.5 | 122.7 |
| Q3 2019 | 98.8 | 121.5 |
| Q2 2019 | 99.1 | 119.8 |
| Q1 2019 | 97.7 | 117.6 |
| Q4 2018 | 98.3 | 116.8 |
| Q3 2018 | 98.4 | 115.9 |
| Q2 2018 | 99.2 | 114.2 |
| Q1 2018 | 98.6 | 112.3 |
| Q4 2017 | 98.8 | 111.2 |
| Q3 2017 | 99.2 | 110.4 |
| Q2 2017 | 99.6 | 108.8 |
| Q1 2017 | 99.1 | 106.9 |
| Q4 2016 | 100.0 | 106.1 |
| Q3 2016 | 100.7 | 105.4 |
| Q2 2016 | 100.5 | 103.8 |
| Q1 2016 | 99.8 | 102.0 |
| Q4 2015 | 99.8 | 101.1 |
| Q3 2015 | 100.7 | 100.8 |
| Q2 2015 | 99.8 | 99.8 |
| Q1 2015 | 99.7 | 98.3 |
ISTAT's price index of existing homes goes back to 2010 for Italy and for Turin, Milan and Rome, by quarter. Elsewhere the OMI's yearly valuations go back to 2016, so falls are dated by year and short dips inside a year do not show. A fall counts once prices drop 3% below a peak, and ends when they are back at it.
Other reports for Novara province
Figures for Piemonte: Novara province has no reliable figures of its own.
At the average OMI valuation, a 90 m² home costs €96,390. With 10% down and a 30-year mortgage, the payment is €392 a month. Italy sets no cap on the payment; lenders must assess each borrower's creditworthiness.
- Payment, two incomes
- 7%
- Payment, one income
- 14%
Figures for Italy: Novara province has no reliable figures of its own.
1.6% fewer homes were licensed for construction in the last 12 months than in an average year of the past decade.
- Licensed, 12 months
- 53,036
In 2025 the population grew by 1,790 while 232 new homes were granted a permit: 7.7 new residents for every new home.
- New residents per new home, 2025
- 7.7
- Population change, 2025
- +1,790
24.2% of the 214,886 homes counted in the 2023 census had nobody resident in them.
- Empty, 2023 census
- 24.2%
- Empty homes
- 51,962
In 2025, 5% of the homes authorised were extensions of existing residential buildings.
- Homes in existing buildings, 2025
- 5%