Shafaqna English- House prices in the European Union increased by 4.7% year-on-year in the second quarter of 2026, according to a report released by Eurostat on Thursday.
Compared to the previous quarter, prices rose by 1.2%. In the euro area, house prices saw an annual increase of 4% and a quarterly rise of 1.1%.
However, this annual growth has slowed down from 5.1% in the EU and 4.6% in the euro area during the first quarter. Portugal experienced the highest annual increase at 16.5%, followed by Bulgaria at 15.5% and Lithuania at 14.3%. In contrast, Finland, Luxembourg, and France saw annual price declines.
Other notable annual increases included Slovakia at 13.6%, Croatia at 12.7%, and both Spain and Romania at 12.1% each. Latvia had an increase of 11.4%, while Hungary saw a rise of 10.2%. Conversely, prices fell annually by 2.7% in Finland, 2.2% in Luxembourg, and 0.8% in France. On a quarterly basis, Lithuania reported the largest increase at 5%, followed by Bulgaria at 4.5% and Romania at 4.4%.
Latvia saw a quarterly rise of 3.9%, Portugal at 3.6%, Estonia at 3.5%, and Spain at 3.4%. Other countries such as Austria recorded a 3.3% increase, Slovenia 3%, and Denmark 2.8%. Hungary and France, however, reported quarterly declines of 1.4% and 0.8%, respectively.
Sources: Anadolu Ajansi