In Q3 2017 the largest increase in house prices was registered in the Czech Republic. According to fresh data published by Eurostat, Hungary also saw double-digit growth, while prices rose by 5-10% in
Bulgaria, Slovenia, Slovakia and Romania
According to Eurostat, house prices, as measured by the House Price Index, rose by 4.1% in the euro area and by 4.6% in the EU in the third quarter of 2017 compared with the same quarter of the previous year.
Compared with the second quarter of 2017, house prices rose by 1.7% both in the euro area and in the EU in the third quarter of 2017.
Among the Member States for which data are available, the highest annual increases in house prices in the third quarter of 2017 were recorded in the Czech Republic (+12.3%), Ireland (+12.0%) and Portugal (+10.4%), while prices fell in Italy (-0.9%).
Compared with the previous quarter, the highest increases were recorded in Ireland (+5.7%), Malta (+4.3%) and Netherlands (+3.7%), while decreases were observed in Romania (-1.6%), Finland and Italy (both -0.5%) and Cyprus (-0.3%).