CEPI - European Association of Real Estate Professions

Figures published by Eurostat show that house prices, as measured by the House Price Index, remained stable in the euro area and rose by 1.7% in the EU in the second quarter of 2014 compared with the same quarter of the previous year. Compared with the first quarter of 2014, house prices rose by 0.9% in the euro area and by 1.4% in the EU in the second quarter of 2014

The highest annual increases in house prices in the second quarter of 2014 were recorded in Estonia (+14.5%), Ireland (+12.5%) and the United Kingdom (+10.2%), and the largest falls in Slovenia (-9.8%), Italy (-4.8%) and Romania (-3.8%). 

The highest quarterly increases were recorded in Ireland (+6.8%), Lithuania (+4.1%), Denmark and the United Kingdom (both +3.9%), while falls were observed in Slovenia (-2.6%), Romania (-1.3%) and Italy (-0.5%). 

Further information is available at http://europa.eu/rapid/press-release_STAT-14-151_en.htm.