Over this period, house prices increased in 24 EU Member States and decreased in three.
They more than doubled in Estonia (+196%), Hungary (+168%), Luxembourg (+135%), Latvia (+131%), Lithuania and Czechia (both +130%) and Austria (+121%).
Decreases were recorded in Greece (-23%), Italy (-8%) and Cyprus (-6%), Eurostat notes.
From 2010 until the second quarter of 2022, rents increased by 18% and house prices by 48%.
After a sharp decline between the second quarter of 2011 and the first quarter of 2013, house prices remained more or less stable between 2013 and 2014 in the European Union. After a rapid rise in early 2015, house prices increased faster than rents.
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