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House price index (HPI) change in EU-28 2017-2018, by country

Percentage change on previous year of residential property prices in the EU-28 countries between 3rd quarter 2017 and 3rd quarter 2018

by Raynor de Best, last edited Jan 28, 2019
House price index (HPI) change in EU-28 2017-2018, by country This statistic shows a ranking of all countries within the European Union and how much the price of residential property (including both newly-constructed as well as existing property) changed between the third quarter of 2017 and the third quarter of 2018. The source measured this by comparing the HPI in the mentioned timeframes. On average, the price of a house within the EU increased by 4.3 percent. Several countries, however, had a higher average. In both Slovenia and the Netherlands, housing prices increased by more than ten percent. An apartment located in the United Kingdom would cost approximately 23,932 euros per square meter as of January 2019, making it one of the most expensive places in Europe for residential property.
The European housing market, or residential real estate, has recently shown clear signs of recovery, with an increasing house price being the main trend. Eight years after the financial crisis, the majority of property markets in Europe have gained momentum with only a few still on the mend or lagging behind. For example, between the start of 2014 and the end of 2015, Romania and Portugal were among the countries which experienced an increase in housing prices, whilst the prices in Slovenia and Italy decreased.
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Percentage change on previous year of residential property prices in the EU-28 countries between 3rd quarter 2017 and 3rd quarter 2018

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