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Housing Prices Surge Across The EU

On Wednesday, the European Union published data on housing prices across the EU for the fourth quarter of 2017. Housing prices across the EU surged on average by 4.5% in the fourth quarter of 2017, year on year, according to Eurostat. As shown in the graph, the highest annual increase in house prices in the EU for the fourth quarter of 2017 was recorded in Ireland (+11.8%). Interestingly, looking at Dublin alone, housing prices have increased by a whopping 90% since 2007. Only Italy saw it’s housing prices decrease compared to Q4 of 2016: a decrease of 0.3%. (source)

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