According to Eurostat, in the second quarter of 2016, housing prices in the Euro area rose by 2.9% and in the EU by 4%. When analyzing all the first half of the year, rising prices are less significant: +1.6% for the EU and +1.4% for the Eurozone.
Annually the most active in the second quarter prices rose in Latvia and Hungary (+10.3%). They are followed by Sweden, Austria and the UK. At the other extreme are Cyprus and Italy, where property prices fell by 8.9% and 1.4%, respectively.
QoQ, the highest growth is in Estonia, Latvia and Lithuania, Portugal and the UK. During the Q2 prices fell in Croatia, Cyprus, Hungary and Italy.
Based on the materials of sputnik-news.ee
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