The price of housing rose 4.5% in the European Union in the first quarter of 2017 compared to the same period last year, according to Eurostat. This is almost one percentage point lower than in Spain, where the rise was 5.3% according to the community statistics office. In the eurozone countries the growth was slightly lower than in the EU, with a rise of 4%.
Comparing prices with the last quarter, the value of housing increased by 0.4% in the euro area countries and by 0.7% in all Member States. In contrast, in Spain the rise was much higher: exactly 2.3% more.
The biggest increase compared to the first quarter of 2016 occurred in the Czech Republic, where prices soared 12.8%. It is followed by Lithuania (10.2% more) and Latvia (10.1%). The States in which the price was reduced with respect to the same period of 2016 were Croatia (0.4%) and Italy (0.1%).
At Complete Spanish Property we try to make your approach to the Spanish real estate market as smooth as possible. Our advice is to listen to the needs and requirements you may have. If you are considering buying a property on Orihuela Costa, Costa Blanca or Costa Calida, check out our portfolio of resale and new build properties. We are sure we will have the property you are looking for.
Contact Complete Spanish Property and soon you will be enjoying your dream home in a wonderful place to enjoy life and feel energized and rejuvenated.
