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EU-20, house prices rise, but -0.9% on the quarter

2023-07-05T09:59:07.923Z

Highlights: In the last quarter of the previous year, prices increased by 3% and 3.6% year-on-year respectively. The highest increases were recorded in Croatia (+14%), Lithuania (+13.1%) and Bulgaria (+9.5%). In Italy, growth of 1.1% was observed. Prices fell in Sweden (-6.9%), Germany (- 6.8%) and the Netherlands (-0.1%), according to Eurostat, the European statistical office. In the first three months of 2023, house prices fell by 7.0% in the euro area and 9.0%.


In the first quarter of 2023, house prices increased by 0.4% in the Eurozone and by 0.8% in the twenty-seven EU countries, compared to the first three months of 2022. (ANSA)


(ANSA) - BRUSSELS, 05 JULY - In the first quarter of 2023, house prices increased by 0.4% in the Eurozone and by 0.8% in the twenty-seven EU countries, compared to the first three months of 2022.
In the last quarter of the previous year, prices increased by 3% and 3.6% year-on-year respectively.
Compared to the fourth quarter of 2022, house prices fell by 2023.0% in the euro area and 9.0% in the EU in the first three months of 7. This is reported by Eurostat.
Among the countries for which data are available, "six recorded an annual decline in house prices in the first quarter of 2023", highlights the European statistical office.
The highest increases were recorded in Croatia (+14%), Lithuania (+13.1%) and Bulgaria (+9.5%). In Italy, growth of 1.1% was observed. Prices fell in Sweden (-6.9%), Germany (-6.8%), Denmark (-6.2%), Finland (-5.1%), Luxembourg (-1.5%) and the Netherlands (-0.1%).
(ANSA).


Source: ansa

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