Most expensive housing: Portugal among countries with the highest increase

by Andrea
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Most expensive housing: Portugal among countries with the highest increase

Housing prices increased, in the fourth quarter of 2024, 4.2% in the eurozone and 4.9% in the European Union (EU), with Portugal registering the third largest rise (11.6%), compared to the same period, releases this Tuesday.

Compared to the third quarter of 2024, according to the European statistical service, housing prices advanced 0.6% in the euro area and 0.8% in the EU, between October, with Portugal with the third largest (3.0%) again.

Among the Member States for which data is available, two recorded a homologous decrease in housing prices in the fourth quarter of 2024 and 24 registered an annual increase.

Homologous descents were recorded in France and Finland (both -1.9%), while the largest increases were observed in Bulgaria (18.3%), Hungary (13.0%) and Portugal (11.6%).

Compared to the previous quarter, prices declined in six Member States, remained in two (Malta and Finland) and increased in eighteen Member States.

The largest descents in house prices were observed in France, Cyprus (both -1.0%) and Estonia (-0.7%), while the main increases were recorded in Slovakia (3.6%), Sloveria (3.1%) and Portugal (3.0%).

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