The analysis of executive and insolvency procedures, the result of the AstaSy Auctions Report, has received great attention from the local and national press. Relevant sector publications have given great evidence to the scenario that we have traced on the world of auctions in Italy: for every 75 families, there is one family having the house at auction. The survey has involved 1,470,000 people.
To influence rates and the real estate market there could be the wave of foreclosed houses for default by the owners. According to the “Auctions 2018” report, there were 245,000 (+4% on 2017) executions only in 2018. In fact, this number keeps on growing as we reached 152,708 (+24%) executions in H1 2019.