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House prices up by 4.3% in the euro area and the EU

According to Eurostat house prices rose by 4.3% in both the euro area and the EU in the second quarter of 2018 compared with the same quarter of the previous year. Compared with the first quarter of 2018, house prices rose by 1.4% in both the euro area and the EU in the second quarter of 2018.
The highest annual increases in house prices in the second quarter of 2018 were recorded in Slovenia (+13.4%), Ireland (+12.6%), Portugal (+11.2%) and Hungary (10.4%), while prices fell in Sweden (-1.7%) and Italy (-0.2%). Compared with the previous quarter, the highest increases were recorded in Slovenia (+4.2%), Malta (+3.2%), Latvia and Romania (both +3.1%), while the only decrease was observed in Croatia (-0.2%).

More information is available from Eurostat at https://ec.europa.eu/eurostat/news/news-releases.