Analytics, EU – Baltic States, Real Estate
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Thursday, 25.04.2024, 03:20
Baltic States registered the steep increases in house prices in Q3
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Just like Latvia, house prices in Great Britain also increased by 11.7%, year-on-year.
The steepest year-on-year increase in house prices among all EU countries for which data are available was registered in Ireland – 15%, followed by Estonia – 13.2%, Latvia and Great Britain, Sweden – 10.3%, and Lithuania – 10.1%.
The largest year-on-year reductions were recorded in Slovenia – 5.4%, Italy – 3.8%, and Romania – 2.3%.
House prices increased by in 0.5% euro area and by 2.3% in the EU in the third quarter of 2014, compared to the third quarter of 2013.
Compared to the second quarter of 2014, house prices increased 0.6% in the euro area and by 1.1% in the EU in the third quarter of 2014.
In Latvia, house prices grew 4.9% quarter-on-quarter, the second largest increase in the EU.
The steepest quarter-on-quarter increases in house prices were registered in Ireland – 6.2%, Latvia, and Croatia – by 4.7%.
In Estonia, house prices increased 4.1% quarter-on-quarter, but In Lithuania by 1.6%.
The largest quarter-on-quarter reductions were reported by Slovenia – 1.1%, as well as Malta and Romania – by 0.9% each.
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