Housing prices in the EU Member States, recorded highest annual increases during the second quarter of 2018, according to Eurostat latest report dated Oct 5, 2018
- Slovenia (+13.4%),
- Ireland (+12.6%),
- Portugal (+11.2%) and
- Hungary (10.4%),
- Netherlands (9.3%)
- Estonia (+7.4%)
- Spain (+6.8%)
- Malta +5.4%
- United Kingdom (+3.4%)
- Cyprus (+1.2%)
- Norway (0.5%)
Decline in Prices in EU member states
- Sweden (-1.7%) and
- Italy (-0.2%).
The House Price Index (HPI) measures the price changes of all residential properties purchased by households (flats, detached houses, terraced houses, etc.), both newly built and existing, independently of their final use and independently of their previous owners. The Member States’ HPIs are compiled by the National Statistical Institutes. The euro area and the EU aggregate HPIs are compiled by Eurostat report published on Oct 2018.
Altogether , House prices up by 4.3% in the euro area in the Q2 2018
When compared with the previous quarter rather than the previous year, the highest increases were recorded in
- Slovenia (+4.2%),
- Malta (+3.2%),
- Latvia (+3.1%)
- Romania (both +3.1%)
- United Kingdom
while the only decrease was observed in Croatia (-0.2%).
