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Eurozone house prices up by 1.1 pct in Q4, 2014

Xinhua, April 15, 2015 Adjust font size:

The eurozone house prices rose by 1.1 percent in the fourth quarter of 2014, compared with the same quarter of the previous year, according to figures from the statistical office of the European Union (EU) Eurostat on Wednesday.

Moreover, the house prices in the EU recorded an increase of 2.6 percent in the fourth quarter of 2014, compared with the same quarter of the previous year, said Eurostat.

In comparison with the third quarter of 2014, the house prices slightly decreased by 0.1 percent in the eurozone and remained stable in the EU in the fourth quarter of 2014.

Among the member states for which data are available, the highest annual increases in house prices in the fourth quarter of 2014 were recorded in Ireland, Malta, Sweden, Estonia and the UK, and the largest falls in Slovenia, Cyprus, Latvia and Italy.

The highest quarterly increases were recorded in Malta, Ireland, Slovakia and Luxembourg, and the largest falls in Latvia, Lithuania and Cyprus. Endit