State expenditure on public housing is projected to decrease to 0.3% of GDP in 2027, following a decline from the current year's levels which were bolstered by the Recovery and Resilience Plan (PRR).
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Real estate agencies report that while demand remains high, transaction volumes are slowing due to a mismatch between property prices and household incomes. Homes are taking longer to sell—averaging 119 days compared to 107—as buyers become more cautious and reliant on bank financing, while the market is increasingly driven by existing property owners upgrading their homes rather than first-time buyers.
The President is holding a series of meetings with the ten parliamentary parties on 29 October to discuss social cohesion and housing. These meetings, along with a previously called meeting of the Council of State for 2 November, follow the President's public call for an urgent dialogue between the government and the opposition to address the housing crisis.
As the 2027 State Budget enters its parliamentary committee review phase, opposition parties are pushing for amendments regarding housing support, cost-of-living measures, and pensions. The Government has signaled limited room for negotiation on these changes.