Italy · Bubble Score 61/100

🇮🇹 Milan

WARMING

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.

Price / m²
5,200
YoY Change
+6.3%
Bubble Score
61/100
Affordability
40/100
Risk assessment

Inside the score.

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