The neighbourhood boundaries may be doing as much damage as the occupancy mix. At those prices, two studios a short distance apart can appeal to different buyers. I’d compare recent completed sales within very tight areas rather than treating Milan as one pool. Also, is the -0.6% based on...
I’m looking at a new-build flat in Milan listed at €230,000. It has been available for 94 days and apparently needs some updating. Nearby asking prices are similar, but I haven’t found enough completed sales to establish the likely clearing price.
I’m considering opening 12% below asking...