Portugal Records Biggest EU Rise in House Prices in Second Quarter
14 Articles
14 Articles
Compared to the previous quarter, house prices rose 4.0% in the euro area and 4.7% in the European Union (EU) between January and March.
Although prices continue to climb to two digits, there was a slight slowdown in the first two quarters of this year.
According to the European statistical service, in comparison to the previous quarter, house prices rose 4.0% in the euro area and 4.7% in the European Union (EU) between January and March.
Portugal sees the largest rise in house prices in the EU
House prices rose by 1.1% in the Eurozone and 1.2% in the European Union in the second quarter compared to the same period last year, with Portugal recording the largest increase among Member States (16.5%), according to Eurostat.
Portugal recorded, in the first quarter of the year, the largest homologous rise in house prices between the Member States of the European Union, with a valuation of 16.5%, according to data released by Eurostat. Between January and March, the evolution of house prices was much more moderate in the generality of the European area. Faced with the same period of [...]
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