In the second quarter of 2022, house prices rose by 9.9% in the EU compared with the same quarter of the previous year. In the first quarter of 2022, house prices rose by 10.4% in the EU, according to Eurostat figures.
All EU countries for which data are available showed an annual increase in house prices in the second quarter of 2022 and, for sixteen of them, this increase exceeded 10%.
The lowest increases were registered in Cyprus (+2.0%), Finland (+2.2%) and Denmark (+2.8%). The highest increases were recorded in Estonia (+27.4%), Czechia (+23.1%), Hungary (+22.8%) and Lithuania (+22.1%).
Compared with the previous quarter, prices also increased in all Member States. The lowest increases were registered in Sweden (+0.5%), Finland (+1.3%) and Belgium (+1.3%). The highest increases were recorded in Estonia (+8.0%), Lithuania (+5.9%) as well as Latvia and Slovakia (both +5.5%).