Publications

News

House Prices Up By 1.1% in the Euro Area

House prices rose by 1.1. % in the euro area and by 2.3% in the EU in the second quarter of 2015 compared with the same quarter of the previous year, according to figures published by the statistical office of the EU Eurostat. Compared with the first quarter of 2015, house prices rose by 1.2% in the euro area and by 1.3% in the EU in the second quarter of 2015.

The highest annual increases in house prices in the second quarter of 2015 were recorded in Sweden (+13.0%), Hungary (+11.9%), Ireland (+10.7%) and Estonia (+10.5%), and the largest falls in Latvia (-4.4%), Italy (-3.0%) and France (-2.2%).

The highest quarterly increases were recorded in Cyprus (+7.4%), Austria (+6.4%), Denmark and Spain (+4.1% each) while falls were observed in Romania (-1.1%), Malta (-0.3%) and Italy (-0.1%).

Further information is available at http://ec.europa.eu/economy_finance/publications/eeip/pdf/ip008_en.pdf .