October 2026 at a Glance

House Prices and Trends

City-level transaction prices for Campania are not released as open data, so the national index for Italy serves as the benchmark here. Read local listings against that backdrop.

The national house price index for Italy rose 4.0% year on year in Q2 2026 and was +1.7% against the previous quarter, according to Eurostat, House price index (prc_hpi_q). A year earlier the annual rate was +3.9%, so growth has held broadly steady over twelve months. More recently, though, the annual rate has eased from the previous quarter, which suggests the market is losing some steam even as prices stay well above year-ago levels.

House price index, % change year on yearQ3 2024+3.7%Q4 2024+4.5%Q1 2025+4.4%Q2 2025+3.9%Q3 2025+3.7%Q4 2025+4.0%Q1 2026+5.1%Q2 2026+4.0%

Financing and Interest Rates

The European Central Bank’s policy rate was 2.50% in September 2026 (BIS, Central bank policy rates). That is a rise of 0.25 points from 2.25% the month before. Rates are 0.50 points higher than a year ago, which raises the cost of borrowing and tends to cool price growth with a lag of two to four quarters. The average rate on new mortgages to households in Italy was 3.58% in August 2026 (ECB, Bank interest rates — loans to households for house purchase (MIR)), compared with 3.28% a year earlier.

Reading the Trend

What to watch next month

• The next quarterly release of the house price index for Italy (Q2 2026 is the latest) — whether annual growth keeps slowing.
• Upcoming decisions by the European Central Bank — any move from 2.50% feeds through to mortgage pricing within weeks.

What This Means for Buyers, Sellers and Investors

Sources

• Eurostat, House price index (prc_hpi_q)
• BIS, Central bank policy rates
• ECB, Bank interest rates — loans to households for house purchase (MIR)

Previous edition: Campania Real Estate Market Report — September 2026

Cover photo: Solfatara – Pozzuoli – Campania – Italy – July 11th 2013 – 09 by Norbert Nagel via Wikimedia Commons, CC BY-SA 3.0.

Methodology: all figures are taken directly from the free public statistical sources linked above, for the periods stated; official statistics are published with a lag, so the latest available release is used. Commentary is generated from those figures by rule and reviewed before publication. Nothing here is financial advice.