Publications

News

House Prices Rise in the EU


Figures supplied by Eurostat, the statistical office of the EU, show that house prices rose by 0.5% in the euro area and by 2.3% in the EU in the third quarter of 2014 compared with the third quarter of 2013. Compared with the second quarter of 2014, house prices rose by 0.6% in the euro area and by 1.1% in the EU in the third quarter of 2014.

On an annual basis, the highest increases in house prices in the third quarter of 2014 were recorded in Ireland (+15.0%), Estonia (+13.2%), Latvia and the United Kingdom (both +11.7%), Sweden (+10.3%) and Lithuania (+10.1%). The largest falls were in Slovenia (-5.4%), Italy (-3.8%) and Romania (-2.3%). The highest quarterly increases were recorded in Ireland (+6.2%), Latvia (+4.9%), and Croatia (+4.7%), and the largest falls in Slovenia (-1.1%), Romania and Malta (both -0.9%). More information is available from Eurostat at http://ec.europa.eu/eurostat/web/products-press-releases/-/2-21012015-AP.