Price change of residential real estate in selected countries in Europe over 2017

This statistic shows the residential property price development in selected countries in Europe from first quarter of 2017 to the fourth quarter of 2017. The source mentions they used information from EU member states, together with Norway and Sweden. Housing prices in 2017 increased the most in Portugal and Ireland, countries which were hit hard by the financial crisis. Now that their economies are growing again and citizens have more money to spend property prices increase in these countries. The Netherlands completed the top three, due to the fact that for a long time it was relatively cheap to borrow money to buy a house. Indeed, the majority of property markets in Europe have gained momentum with only a few still on the mend or lagging behind.

Residential property price development in selected countries in Europe from beginning of 2017 to end of 2017*

Property price change
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Sources

Release date

February 2018

Region

Europe

Survey time period

Q1 2017 to Q4 2017

Supplementary notes

* The source states that the numbers provided have not been corrected for inflation.

** The last quarter used in the calculation for this country was an estimate, according to the source.

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