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MNI BRIEF: House Prices Across EU Higher In Q3

LONDON (MNI)

House prices rose in Q3 on an annualized basis, rising 5.2% y/y the latest House Price index from Eurostat shows. Across the eurozone, prices rose 4.9% y/y, just shy of the 5.1% growth seen in Q1, largely ignoring any economic damage from the Covid-19 pandemic.

Source: Eurostat

Among the EU member states for which data are available, the highest annual increases in house prices in the third quarter of 2020 were recorded in Luxembourg (+13.6%), Poland (+10.9%) and Austria (+8.9%), while prices fell in Cyprus (-1.4%) and Ireland (-0.8%).

MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
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MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
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