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Eurozone property prices grew in 2014

londonpropHouse prices rose by 1.1% in the eurozone when comparing the last three months of 2014 with the same period in 2013.

The figures, provided by Eurostat, are national and do not break down by regions.

For Portugal as a whole, a rise of 2.2% was recorded in the final quarter of last year compared to the same quarter in 2013.

All quarter periods of 2014 show a significant rise over 2013.

Q1

   Q2

   Q3

   Q4

4.0%

   5.9%

   4.9%

   2.2%

Over the course of 2014, prices went up from January to June, but dropped slightly from July to the end of the year.

During the last three months of 2014, the highest annual increases in residential prices were in Ireland (16.3%), Malta (11%), and the UK (10%).

Prices fell most considerably in Cyprus (-3.3%), Italy (-2.9%) and France (-2%).

Spanish house prices rose annually by 1.8%. No figures were provided from Germany or Greece.

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