Housing prices in the Euro Zone fell by 0.9 percent in the first quarter of the year compared to the previous quarter.
The European Statistical Office (Eurostat) has published data on housing prices in the EU countries for the first quarter of 2023.
Accordingly, house prices in the EU decreased by 0.7 percent in the first quarter of 2023 compared to the previous quarter. Housing prices in the EU increased by 0.8 percent compared to the same period of 2022.
In the same period, housing prices in the Euro Zone decreased by 0.9 percent compared to the previous quarter and increased by 0.4 percent on an annual basis.
Among EU member states, house prices in Luxembourg 4.1 percent, 3.1 percent in Germany, 1.8 percent in Finland, 1.4 percent in Austria, 1.4 percent in Czechia in the first quarter of this year compared to the previous quarter. It decreased by 1.1 percent, 1% in the Netherlands and France, 0.8 percent in Sweden and Ireland, 0.4 percent in Romania and 0.1 percent in Poland.