Eurostat: Baltic countries post EU's highest q/q house price growth in Q2
2016-10-14, 10:25
Published in
Economy
Photo by M. Paluskevic
The three Baltic countries registered the EU's highest quarterly increases in house prices in the second quarter of 2016, according to the latest figures released by the EU statistics office Eurostat. House prices in both Lithuania and Estonia rose by 3.1% in the second quarter from the first quarter and Latvia posted a 6.6% increase. In the second quarter year-on-year, house prices went up by 3.4% in Lithuania, by 10.3% in Latvia and by 1.8% in Estonia. In the EU-28, house prices rose by a quarterly 1.6% and were up by an annual 4%. The house price index measures price changes of all residential properties purchased by households, including flats, detached houses, etc.
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