Analytics, EU – Baltic States, Real Estate
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Saturday, 21.12.2024, 15:13
Estonia registers EU's steepest increase in house prices in Q1
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Estonia registered the largest increase in house prices – by 7.7%, followed by Lithuania, Luxembourg – 4.3%, and Sweden – 4.1%.
The steepest decreases were registered in Spain – 12.8%, Hungary – 9.3%, Portugal – 7.3%, and the Netherlands – 7.2%.
House prices, as measured by the House Price Index, fell 2.2% in the euro area and 1.4% in the EU in the first quarter of 2013, compared with the same quarter of the previous year.
Compared to the fourth quarter of 2012, house prices fell one% in the euro area and 0.6% in the EU in the first quarter of 2013.
The largest quarter-quarter increases were registered in Romania – 4.3%, Estonia – 3.1%, as well as Latvia and Slovakia – 2.3% each. The largest decreases were observed in Spain – 5.1%, Cyprus – 4.8%, and Hungary – 3.3%.
The House Price Index in Lithuania increased 0.7% when compared to the previous quarter.
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