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Where are house prices rising fastest in the EU — and why?
euronews (in English)
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10/10/2024
The latest Eurostat data shows a steep rise in house prices in some eastern European countries, as well as a general growth across the bloc of 2.9%.
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News
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00:00
House prices across the EU keep rising with several countries in the former Soviet Union leading
00:14
Compared to the second quarter of
00:17
2023 the five countries with the biggest increase are Poland, Bulgaria, Lithuania
00:24
Croatia and Hungary
00:26
Across the EU as a whole house prices rose
00:31
2.9%
00:33
However, there are also a few places where buying has become less expensive
00:40
compared to the year before
00:43
such as Luxembourg
00:46
minus 8.3%
00:47
Finland minus
00:49
4.8%
00:51
France minus
00:53
4.6% and Germany
00:56
minus 2.6%
00:59
Well, like house prices rents are on the rise with an extra 3%
01:05
compared to last year's second quarter EU wide
01:10
But there's a difference in the way renting and buying is becoming more expensive
01:17
While the cost of renting has experienced a slow and steady growth over the past decade
01:23
Buying has gone up by around 50%
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