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Slight Reductions in EU House Prices

The latest figures released by Eurostat on 10 April show that in the fourth quarter of 2013, compared with the fourth quarter of 2012, Euro area house prices were down by 1.4%, 0.1% for the EU as a whole, as measured by the House Price Index. Compared with the third quarter of 2013, house prices fell by 0.7% in the euro area and by 0.3% in the EU in the fourth quarter of 2013.
The largest annual falls in house prices in the fourth quarter of 2013 were recorded in Croatia (-14.4%), Cyprus (-9.4%) and Spain (-6.3%) and the highest increases in Estonia (+15.6%), Latvia (+7.9%) and Sweden (+7.0%). The largest quarterly falls were recorded in Hungary (-1.8%), Spain (-1.3%), Denmark and Italy (both -1.2%) and the highest increases in Latvia (+2.7%), Estonia and Lithuania (both +2.6%) and Ireland (+2.5%). 

More information is available at http://ec.europa.eu/eurostat