(18 January 2022) In the third quarter of 2021, house prices in the eurozone rose at the fastest rate since Eurostat started recording this data in 2005.

  • Low interest rates, supply constraints, and the boost in demand for new houses to accommodate work from home policies pushed the house price growth to the highest level since 2005, 8.4% year-over-year, in Q3 2021.
  • House prices rose above 16% year-over-year in Q3 2021 in Lithuania, Estonia, and the Netherlands. The lowest price increases were recorded in Cyprus, Italy, and Spain — below 5% year-over-year.

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