January 10 (SeeNews) - Bulgaria recorded the highest annual growth in housing prices among EU countries in Southeast Europe (SEE) in the third quarter of 2022, of 15.6%, followed closely by Slovenia with 15.4%, Eurostat said on Tuesday.
On a quarterly comparison basis, Bulgaria registered the second-highest increase in house prices in the EU, of 4.1%, preceded only by Cyprus with 5.8%, the bloc's statistical office said in a statement.
In contrast, Romania recorded the only quarterly decline in house prices among EU member states in SEE, of 1.2%, and the lowest yearly increase in the region, of 7.0%.
Overall, the EU saw an average annual growth of 7.4% in housing prices and a quarterly rise of 0.9% in the third quarter of last year.
Data about housing prices in the EU countries in SEE in Q3 2022 follows (pct change):
Country |
y/y |
q/q |
Bulgaria |
15.6 |
4.1 |
Croatia |
14.8 |
2.8 |
Greece |
n/a |
n/a |
Romania |
7.0 |
-1.2 |
Slovenia |
15.4 |
2.4 |
EU average |
7.4 |
0.9 |
Euro area average |
6.8 |
1.0 |
Source: Eurostat