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Verbano-Cusio-Ossola province · report

Past price cycles in Verbano-Cusio-Ossola province

Valuations have fallen by 3% or more once since 2016. That fall began in 2017.

Deepest fall
−3.8%
Recovery from the low
Not yet

Prices in Verbano-Cusio-Ossola province and in Italy, indexed

OMI valuations, both set to 100 in 2016.

  • Verbano-Cusio-Ossola province
  • Italy
  • 100 = 2016
Show the numbers
PeriodVerbano-Cusio-Ossola provinceItaly
202599.599.9
202498.598.0
202397.696.6
202296.695.3
202197.094.4
202099.195.0
201999.696.8
201899.897.7
2017100.498.5
2016100.0100.0

Every fall of 3% or more

From the peak to the lowest month after it, and how long prices took to get back.

PeakLowFallMonths fallingMonths to recover
20172022−3.8%60Not yet

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
PeriodItalyEU
Q2 2026121.0168.6
Q1 2026119.1166.5
Q4 2025118.0164.6
Q3 2025117.0163.5
Q2 2025116.4161.0
Q1 2025113.3158.5
Q4 2024113.5156.2
Q3 2024112.8155.1
Q2 2024112.0152.7
Q1 2024108.5149.8
Q4 2023108.7148.9
Q3 2023108.7149.1
Q2 2023108.8148.2
Q1 2023106.8147.6
Q4 2022106.8148.7
Q3 2022106.9150.9
Q2 2022108.1149.6
Q1 2022105.7146.2
Q4 2021104.0143.2
Q3 2021103.9140.2
Q2 2021102.8136.0
Q1 2021101.1132.1
Q4 2020100.0129.8
Q3 202099.8128.1
Q2 2020102.4126.3
Q1 202099.4124.4
Q4 201998.5122.7
Q3 201998.8121.5
Q2 201999.1119.8
Q1 201997.7117.6
Q4 201898.3116.8
Q3 201898.4115.9
Q2 201899.2114.2
Q1 201898.6112.3
Q4 201798.8111.2
Q3 201799.2110.4
Q2 201799.6108.8
Q1 201799.1106.9
Q4 2016100.0106.1
Q3 2016100.7105.4
Q2 2016100.5103.8
Q1 201699.8102.0
Q4 201599.8101.1
Q3 2015100.7100.8
Q2 201599.899.8
Q1 201599.798.3

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 Verbano-Cusio-Ossola province

Figures for Piemonte: Verbano-Cusio-Ossola province has no reliable figures of its own.

At the average OMI valuation, a 90 m² home costs €114,840. With 10% down and a 30-year mortgage, the payment is €467 a month. Italy sets no cap on the payment; lenders must assess each borrower's creditworthiness.

Payment, two incomes
8%
Payment, one income
17%

Figures for Italy: Verbano-Cusio-Ossola 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 fell by 606 while 69 new homes were granted a permit.

Homes permitted, 2025
69
Population change, 2025
−606

46.5% of the 136,827 homes counted in the 2023 census had nobody resident in them.

Empty, 2023 census
46.5%
Empty homes
63,627

In 2025, 15% of the homes authorised were extensions of existing residential buildings.

Homes in existing buildings, 2025
15%