House prices in euro area up 9.3% in Q2

ANKARA

House prices in the euro area went up 9.3% in the second quarter compared with the same period last year, according to the EU’s statistical office on Friday.


In the first quarter, the prices rose by 9.8% in the euro area, said Eurostat.

"All (EU) member states for which data are available showed an annual increase in house prices in the second quarter of 2022 and, for sixteen of them, this increase exceeded 10%," it said.


The lowest increases were seen in the Greek Cypriot administration (2.0%), Finland (2.2%), and Denmark (2.8%), while the highest rises were seen in Estonia (27.4%), Czechia (23.1%), Hungary (22.8%), and Lithuania (22.1%).

Meanwhile, compared with the first quarter, house prices rose by 2.3% in the euro area.