Analytics, EU – Baltic States, Real Estate

International Internet Magazine. Baltic States news & analytics Friday, 26.04.2024, 00:13

House prices increased the most in Estonia and Latvia in EU in Q1

BC, Vilnius, 10.07.2014.Print version
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House prices, as measured by the House Price Index (HPI), fell by 0.3% in the euro area and rose by 1.0% in the EU in the first quarter of 2014 compared with the same quarter of the previous year. These figures come from Eurostat, the statistical office of the European Union, informs LETA/ELTA.

Compared with the fourth quarter of 2013, house prices fell by 0.3% in the euro area and rose by 0.2% in the EU in the first quarter of 2014.

 

In the first quarter of 2014 compared with the first quarter of 2013 house prices in Lithuania increased by 3.9%. Meanwhile, in the first quarter of 2014 compared with the fourth quarter of 2013 house prices increased by 1.5%.

 

Among the EU Member States for which data are available, the largest annual falls in house prices in the first quarter of 2014 were recorded in Croatia (-9.7%), Slovenia (-6.6%) and Cyprus (-5.7%), and the highest increases in Estonia (+17.5%), Latvia (+10.4%) and the United Kingdom (+8.0%).

 

The largest quarterly falls were recorded in Croatia (-2.7%), Luxembourg (-2.3%), and Slovenia (-1.7%), and the highest increases in Estonia (+4.8%), Sweden (+2.4%) and the United Kingdom (+2.2%).





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