🇮🇹 Milan

WARMING

Italy

Price / m²

5,200

YoY Change

+6.3%

Bubble Score

61/100

Affordability

40/100

Risk Assessment

Price-to-Income Ratio

10.2x

Milan has a warming market with a bubble score of 61/100. Prices are rising but remain within a range that could be supported by fundamentals. The price-to-income ratio of 10.2x is elevated but manageable.

What the Bubble Score Means

The bubble score (0–100) aggregates price-to-income ratio, year-on-year price changes, affordability metrics, and macroeconomic indicators. Scores above 75 indicate bubble territory, 60–74 overheating, 45–59 warming, and below 45 a healthy market.

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🇮🇹 Milan bubble score: 61/100 (WARMING) — €5,200/m², +6.3% YoY. See all 30 EU cities: avenaterminal.com/bubble-scanner