Portugal records the steepest year-on-year house price rise in the EU
Eurostat data shows Portugal's housing prices jumped 16.5% year-on-year, the highest increase among EU members.
According to Eurostat, house prices across the Eurozone rose 4.0% and 4.7% in the EU between April and June. Portugal led the bloc with a 16.5% year-on-year gain, followed by Bulgaria at 15.5% and Lithuania at 14.3%. Only Finland, Luxembourg and France saw price declines.
Why it matters
Sharp housing price growth in Portugal signals rising affordability pressures and may affect EU housing market trends.
In this story
house pricesyear-on-year increasePortugalEU housing marketEurostat dataprice declinehousing affordability
