In the European Union, the price of real estate since 2010. jumped by more than 50 percent, Italy the only country in which they have fallen – the economy
In the fourth quarter of last year, the prices of real estate in the European Union (EU) increased by 4.9 percent, while rent increased by 3.2 percent compared to the fourth quarter of 2023. year, it announced Eurostat.
Compared to the third quarter of 2024. years, real estate prices increased by 0.8 percent, and rent by 0.6 percent.
Between 2010. and the fourth quarter of 2024. years, non-profit prices in the EU increased by 55.4 percent, and rent by 26.7 percent.
While the prices of rent are stable, real estate prices have oscillated, with a huge increase between the first quarter of 2015. and the third quarter of 2022. years, followed by a minor decline and stabilization, to rise 2024. Years.
In which countries did prices increase the most?
Regarding national data, when compared to the fourth quarter of 2024. With 2010. year, real estate prices rose more than a rent in 21 of 27 EU countries for which data are available.
During the same period, real estate prices were more than tripled in Hungary (+234 percent), while more than doubled in Lithuania (+187 percent), Latvia (+ 142 percent), Portugal (+,120 percent), Bulgaria (+115 percent), Austria (+112 percent) and Luxembourg (+105 percent).
In Cyprus, real estate prices remained at the same level as in 2010. years. Italy is the only country where real estate prices decaped during this period (-4 percent).
During the same period, the rent rose in 26 EU countries, and the largest increase were recorded in Estonia (+212 percent), Lithuania (+175 percent) and Hungary (+114 percent).
Greece is the only country in which the prices of rent have dropped (-13 percent).
Follow us on our Facebook and Instagram page, but also on X account. Subscribe to PDF List release today.
