In the period from 2010 to the second quarter of this year, apartment prices in the European Union (EU) increased by 46 percent, and rents by 21 percent.
Apartment prices in the EU increased by 0,3 percent in the second quarter compared to the previous quarter, while rents increased by 0,7 percent in the same period, Eurostat announced.
On a year-on-year basis, apartment prices fell by 1,1 percent compared to the same quarter last year, while rents rose by three percent, reports Nezavisne Novine.
From 2010 to the second quarter of this year, apartment prices increased the most in Estonia by 211 percent, Hungary by 180 percent, Lithuania by 152 percent, Latvia by 144 percent, the Czech Republic by 122 percent, Luxembourg and Austria, by 120 percent each.
In contrast, apartment prices fell in Greece by 14 percent, in Italy by eight percent and in Cyprus by three percent.
In the same period, rent price growth was recorded in 26 EU countries, which was the highest in Estonia 208 percent and Lithuania 168 percent.
A drop in rent prices was recorded only in Greece, where rents are 21 percent lower.
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