Italy house prices fall 0.9% to €2,012 per sqm in October 2026

Italian asking prices fell to €2,012 per square metre in October 2026, down 0.9% on the month but 1.5% higher on the year, with 18 of 20 regions falling.

The facts

idealista put the Italian asking price at 2,012 euro per square metre in October 2026, -0.9% against September and 1.5% above October 2025.
Of the 20 regions, 18 fell on the month. Toscana was flat at 2,630 euro and Trentino-Alto Adige was the only riser, up 0.1% to 3,503 euro.
On the year the split is narrower: 11 regions up, 9 down.
Lombardia leads the annual rises at 4.4%, on 2,627 euro per square metre, followed by Veneto at 4.3% on 2,225 euro and Emilia-Romagna at 4.0% on 2,106 euro.
Basilicata fell hardest on both counts, 6.9% on the month and 11.2% on the year, to 1,008 euro per square metre.
Trentino-Alto Adige is the dearest region at 3,503 euro per square metre and Calabria the cheapest at 871 euro, a gap of four times.

What it means for your money

Entry is 0.9% cheaper than in September but 1.5% dearer than a year ago. One month of relief does not undo the year.
The regional spread is the decision, not the national average. Lombardia at plus 4.4% and Basilicata at minus 11.2% are the same twelve months in the same country.
Glopra scores Italy 48 out of 100 for bubble risk, inside the moderate half of the scale, where prices track their own history rather than running ahead of it.
For an owner already holding in the south, the monthly and annual falls both bite: Calabria at 871 euro and Basilicata at 1,008 euro are the lowest levels in the table, and the levels still falling.

What to watch

Whether Toscana holding flat and Trentino-Alto Adige rising are the start of a floor or two outliers. The November report, due in early December, is the test.
idealista states it improved this index methodology from July 2026, so comparisons with values published before July are not on one basis.
The report carries no publication date, only the reference month, and the province and city tables are not on the public page.

Sources: idealista https://www.idealista.it/sala-stampa/report-prezzo-immobile/vendita/

Market data: Lucca (Versilia) · Verona (Lake Garda) · Bari · Turin