According to Eurostat, compared to the previous quarter, between July and September housing prices rose by 1.0% in the eurozone and 0.9% in the EU.
In the year-on-year variation, 15 Member States registered increases of more than 10% in the indicator, with the largest increases being registered in Estonia (24.2%), Hungary (21.0%), and Lithuania (19.3% ), with Denmark presenting the only drop (-2.4%).
Compared to the second quarter of 2022, house prices increased in 20 Member States, with emphasis on Cyprus (5.8%), Bulgaria (4.1%), and Austria (4.0%), with Denmark (- 3.8%), Sweden (-3.1%), Finland (-1.3%), Romania (-1.2%), Italy (-1.0%) and Germany (- 0.4%) recorded decreases in the indicator.
In the third quarter of 2022, house prices rose, in Portugal, by 13.1% year-on-year.
Euro area #HousePrices up by +6.8% in Q3 2022 over Q3 2021, +1.0% over Q2 2022 https://t.co/oXuA1Hxabs pic.twitter.com/sQKepmyfXd
— EU_Eurostat (@EU_Eurostat) January 10, 2023