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[BUSINESS] · Italy · 5 sources

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Sicily economic data shows trends in used cars, mortgages, and loans

Economic data from Sicily reveals varying trends across the used car, mortgage, and personal loan markets. In the automotive sector, Sicily's used car market grew by 0.3% between January and August 2026, reaching 180,752 ownership transfers. This contrasts with a 0.5% decline in the national Italian market. In the province of Syracuse, used car prices have dropped by 2.9% year-on-year to an average of approximately 20,300 euros, while consumer budgets have decreased from 20,000 to 17,000 euros.

In the financial sector, Syracuse reports some of the lower averages in the region for both mortgages and personal loans. The average mortgage request in Syracuse is 103,530 euros, with an average home value of 157,402 euros. Personal loan requests in the province average 9,622 euros, which is roughly 1,700 euros below the regional average. For 'cessione del quinto' (salary-linked loans), the average amount requested in Syracuse is 27,304 euros, with an average applicant age of 58.4 years.

Entities

ACI · AutoScout24 · MutuiOnline.it · Sicily · Syracuse