(BRUSSELS) – House prices rose 2.9 per cent in the euro area and 3.8 per cent in the EU in the fourth quarter of 2015 compared with the same quarter of the previous year, according to the EU’s statistical office Eurostat.
Compared with the third quarter of 2015, house prices remained stable in the euro area and rose by 0.2 per cent in the EU in the fourth quarter of 2015.
House price developments in the EU Member States
Among the Member States for which data are available, the highest annual increases in house prices in the fourth quarter of 2015 were recorded in Sweden (+14.2%), Hungary (+10.3%) and the United Kingdom (+7.1%), while falls were observed in Croatia (-2.1%), Italy (-0.9%) and Cyprus (-0.6%).
The highest quarterly increases were recorded in Bulgaria (+3.1%), Latvia (+2.3%) and Sweden (+2.0%), and the largest falls in Cyprus (-4.2%), Lithuania (-2.1%) and Austria (-1.7%).
Full figures and graphs, Eurostat
