House prices rose 5.4% in the euro area and 5.7% in the European Union during the fourth quarter of 2020, compared to the same period the year before, the statistical office said on Thursday. Eurostat. In Belgium, this increase was 5.7%.
For the euro zone, this is the largest annual increase since the fourth quarter of 2006, specifies Eurostat. Compared to the third quarter of 2020, house prices increased by 1.4% in the euro area and by 1.3% in the EU.
Among the Member States for which data are available, the largest annual increases in house prices were observed in Luxembourg (+ 16.7%), Denmark (+ 9.8%) and Lithuania (+ 9.4 %).