Record house price rises in eurozone, EU in Q2

  • 13 October, 21

In the second quarter, the house prices in Portugal rose by 6.6% year-on-year and 2.2% quarter-on-quarter, Eurostat reported on Thursday.

In the second quarter of the year, house prices had record year-on-year increases of 6.8% in the euro area and 7.3% in the European Union (EU).

According to the European statistics office, this is the highest year-on-year increase since the fourth quarter of 2006 in the euro area and in the EU since the third quarter of 2007.

Compared to the first quarter of the year, between April and June house prices rose by 2.6% in the euro area and 2.7% in the EU.

Cre: Econews.pt

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