House prices had, in the fourth quarter of 2022, an interannual increase of 2.9% in the euro area and 3.6% in the European Union, and falls of 1.7% and 1.5% , respectively, in chain, released this Tuesday by Eurostat.
According to data released this Tuesday by the European statistical service, between October and December 2022, compared to the previous period, house prices in the euro zone had the biggest drop since the fourth quarter of 2008 (-1 .7%) and, in the European Union (EU), since the first quarter of 2009 (-1.9%).
Year-on-year house prices increased by more than 10% in seven Member States, including Portugal (11.3%), with the largest increases being recorded in Croatia (17.3%), Estonia (16.9%) and Hungary (16, 5 %). and Lithuania (16.0%), having fallen Denmark (-6.5%), Sweden (-3.7%), Germany (-3.6%) and Finland (-2.3%).
Compared to the previous quarter, between October and December, the house price index fell in 15 Member States and rose in the rest, with the main gains being observed in Croatia (4.7%), Romania (2.5%) and Lithuania (1.9%). and the steepest falls are in Denmark (-6.5%), Germany (-5.0%) and Cyprus (-4.0%).
In Portugal, house prices rose 1.1% from the third to the fourth quarter of 2022.
Source: TSF
