Eurostat: House prices up by 5.3% in 2018 in Romania

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The prices of houses grew by 5.3% in Q4 2018 against the same quarter the previous year and by 0.8% against the previous quarter, Eurostat, statistical office of the European Union informs.

House prices, as measured by the House Price Index, rose by 4.2%inboththe euro area and the EU in the fourth quarter of 2018 compared with the same quarter of the previous year.  Compared with the third quarter of 2018, house prices rose by 0.7% in the euro areaandby0.6% in the EU in the fourth quarter of 2018, the same source reads.

Among the Member States for which data are available, the highest annual increases in house prices in the fourth quarter  of 2018were  recorded  in Slovenia (+18.2%), Latvia (+11.8%) and Czechia (+9.9%), while  prices fell  in Italy (-0.6%).Compared  with  the  previous  quarter, the highest increases  were  recorded  in Slovenia(+6.5%), Latvia(+4.3%) and Malta(+3.8%),while decreases were observed in Denmark (-1.7%), Belgium(-0.5%), United  Kingdom (-0.4%), Sweden (-0.2%), Italy (-0.2%) and France (-0.2%).

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