Italian Banks Cut Bad Debt to Historic Lows Amid Rising Home Prices

Italian banks reduced non-performing loans to under 50 billion euros following a decade-long recovery effort that eliminated nearly 300 billion euros in bad debt.Giuseppe Spadafora of Unimpresa stated the credit system is now more resilient, even as the real estate market prepares for significant price increases through 2026.Forecasts from Immobiliare.it suggest sales prices could rise by 8.1 percent in Florence while rental costs in Bari are expected to lead national growth.