House prices rose year-on-year in the third quarter of 2022 by 6.8% in the euro area and by 7.4% in the European Union (EU), with Portugal registering above-average growth of 13.1%. Tuesday Eurostat.
Compared to the previous quarter, between July and September, house prices rose by 1.0% in the euro area and by 0.9% in the EU, according to the Public Statistical Service.
On an annualized basis, 15 Member States registered an increase of more than 10%, with the largest increases recorded in Estonia (24.2%), Hungary (21.0%) and Lithuania (19.3%), as well as in Denmark. represented by a single drop (-2.4%).
Compared to the second quarter of 2022, house prices increased in 20 Member States, especially in Cyprus (5.8%), Bulgaria (4.1%) and Austria (4.0%), Denmark (-3.8% ), Sweden (-3.1%). ), Finland (-1.3%), Romania (-1.2%), Italy (-1.0%) and Germany (-0.4%) recorded a retreat in the indicator.
In the third quarter of 2022, house prices in Portugal rose by 13.1% year on year and 2.9% year on year.
Author: Portuguese
Source: CM Jornal

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