NW 15:23:31 14-01-2022
MY1520NW.116
116 ECONOMY - HOUSE PRICES - STATISTICS

House Prices in Bulgaria
Up 8.7% in Q3, 2021,
by 9.2% in EU - Eurostat


Brussels, January 14 (BTA) - House prices have increased by 8.7 per cent in Bulgaria and by 9.2 per cent in the EU in the third quarter of 2021, compared to a year earlier, show Eurostat data based on the house price index and pubslihed here on Friday. This increase in the euro area amounted to 8.8 per cent. This is the highest annual increase for the euro area since 2005 when house prices started to be collected, and since the second quarter of 2007 for
the EU.

In the second quarter of 2021, house prices rose by 6.8 per cent in the euro area and by 7.4 per cent in the EU.

Prices in Bulgaria in the third quarter of 2021 increased by 3.2 per cent compared to the previous quarter.

Compared with the second quarter of 2021, house prices rose in the third quarter of 2021 by 3.3 per cent in the euro area and by 3.1 per cent in the EU.

In contrast to previous quarters, all Member States for which data are available showed an annual increase in house prices in the third quarter of 2021 and, for half of them, this increase exceeded 10 per cent. The lowest increases were registered in Cyprus (2.2 per cent) and Italy and Spain (4.2 per cent each). The highest increases were recorded in
Czechia (22.0 per cent), Lithuania (18.9 per cent), Estonia (17.3 per cent) and The Netherlands (16.8 per cent).

Compared with the previous quarter, prices increased in all Member States. The lowest increases were registered in Romania (0.1 per cent), Finland (0.2 per cent) and Denmark (0.3 per cent). The highest increases were recorded in Czechia (7.3 per cent), The Netherlands (5.9 per cent), Lithuania (5.4 per cent) and Ireland (5.1 per cent). MT/MY



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