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House Prices up by 4.5% in the EU

According to the latest figures from Eurostat, house prices in the fourth quarter of 2017, compared with the same quarter of the previous year, rose by 4.2% in the euro area and by 4.5% in the EU.
In the fourth quarter of 2017 compared with the third quarter of the same year, house prices rose by 0.9% in the euro area and by 0.7% in the EU. The highest annual increases in house prices in the fourth quarter of 2017 were recorded in Ireland (+11.8%), Portugal (+10.5%) and Slovenia (+10.0%), while prices fell in Italy (-0.3%). Compared with the previous quarter, the highest increases were recorded in Slovenia (+3.7%), Croatia (+3.2%) and Cyprus (+2.7%), while decreases were observed in Sweden (-2.8%), Denmark (-1.7%), Belgium (-0.4%) and Finland (-0.3%).

Further information is available from Eurostat at http://ec.europa.eu/eurostat/documents/2995521/8803917/2-11042018-AP-EN.pdf/05686cc0-87f7-48b7-8c02-a13f8ce3ed40.