Brussels, July 19 (Lusa) – House prices in Portugal were in the first quarter of this year up 7.9% on a year earlier, well above the 4.0% increase in the euro zone as a whole and 4.5% increase in the European Union, Eurostat figures released on Wednesday show.
The report from the EU’s statistics office shows only the Czech Republic, Lithuania and Latvia posting larger increases in house prices than Portugal, at 12.8%, 10.2% and 10.1% respectively.
In Croatia and Italy house prices were down on the year, by 0.4% and 0.1% respectively.
Compared with the final quarter of 2016, house prices in the first quarter of this year were up 0.4% in the euro zone and 0.7% in the EU. In Portugal they were up 2.1%
IG/AR0 // ARO.
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