In 2017 will continue the growth of the home market and trad...

In 2017 will continue the growth of the home market and trad...

14/01/2017    Admin

In the first nine months of 2016 there was an increase of 20.4% of sales a year earlier. Throughout 2016 it is estimated that 520 thousand units, 20 thousand more than expected a year ago. The figure is set to increase further in 2017, rising to 550 thousand units. It is the economic Observatory data Ance (National Builders Association), according to which the growth of the home market in Italy continues.
The turning point for the buildings

According to the findings, in addition, in the construction sector, after the missed opportunity of 2016, 2017 could be the year of change. The forecast for this year, in fact, "is a 0.8% increase in investments in construction". Any given an improvement on the modest + 0.3% registered in 2016 and after -35% real lost in the period 2008-2015.

The Observatory's economic data on the construction industry Ance correct upward the July 2016 forecast, which for 2017 indicated a 1.2% decline. The improvement of forecasting "has helped the law of Budget 2017 that gives great attention to building measures for the revitalization of infrastructure investments and the strengthening of existing tax incentives."

The unemployment situation in the first nine months of 2016, "the building industry is the only sector to negative (-4.9%). Since 2008, the job losses are 600 thousand. " In the report, the Reeds shows that in the same period last year, even the credit taps remained still closed: "In the first nine months of 2016 the banks' funding streams recorded a -4.3% in the housing sector and -14 , 1% in non-residential. "
The government measures

In the report, then, the Reeds emphasizes storing high expectations "from the increase in resources allocated for public works: + 23.4% in 2017 compared to last year." The largest contribution to this increase, "comes from measures of Casa Italy and the resources allocated for the reconstruction of the earthquake-stricken areas of Central Italy".

The correct implementation of all the measures envisaged could be achieved if 1.7 billion of additional investment in the sector in 2017, with a + 1.9% for public works, a 1.4% increase in the housing recovery and a +0.3 % in the non-residential sector. Only the field of new homes would still be showing negative with -1.4%, a fall of intensity still lower than in previous years.
The shooting conditions

"To ensure that the recovery materializes in 2017," according to the Reeds "certain conditions" are necessary. About "Italian House", you should be established as soon as the Decree of MIT on the seismic classification of the buildings to make it fully usable tax incentives sull'antisismica contained in the law of balance; it is then necessary to actually make it possible to transfer to third parties of the tax credits arising from implementation of safety measures.

The Reeds also calls for new measures to push the urban regeneration: extension of the personal income tax deduction for demolition and reconstruction also understand where increases in volume; introducing tax benefits to transfers of areas to facilitate the start of residential housing programs; tax exemption of dividends of natural persons investing in urban regeneration projects. It requires then to extend the deduction of 50% of VAT paid on the purchase of houses in Class A and B for at least three years and to encourage the scrapping of housing detassando governing the exchange of energy-hungry houses and obsolete between individuals and companies who are committed to their retraining.