House prices rose 13.2% in Q2, surpassing the average in the Eurozone and EU
All EU Member States recorded an increase in house prices in the second quarter of 2022. Portugal is among the 16 countries that recorded gains of more than 10%.
Figures released by Eurostat on Friday show that From April to June, house prices in Portugal rose 13.2% compared to the same period in 2021. Portugal is among the 16 countries that recorded increases of more than 10%, thus surpassing the average for the EU as a whole and the Eurozone.
The average house prices rose by 9.3% in the Eurozone and by 9.9% in the European Union as a whole. Compared to the first quarter of 2022, prices rose by 2.3% in the Eurozone and the European Union.
It should be noted that all Member States recorded an annual increase in house prices in the second quarter: Estonia (27.4%), the Czech Republic (23.1%), Hungary (22.8%), and Lithuania (22.1%) had the most significant increases year-on-year. Cyprus, Finland, and Denmark. Cyprus (+2%), Finland (+2.2%), and Denmark (+2.8%) recorded the most moderate increases in this indicator, Eurostat reports.
Vidaimobiliaria Felipe Ribeiro | October 2022