In the second quarter of 2020, marked by COVID-19 containment measures in most Member States, house prices, as measured by the EUROSTAT House Price Index, rose by 5.0% in the euro area and by 5.2% in the EU compared with the same quarter of the previous year.

Luxembourg: +13,3 %

Among the Member States for which data are available, the highest annual increases in house prices in the second quarter of 2020 were recorded in Luxembourg(+13.3%), Poland(+10.9%) and Slovakia(+9.7%), while prices fell in Hungary(-5.6%) and Cyprus(-2.9%).

Compared with the previous quarter, the highest increases were recorded in Luxembourg(+4.4%), Italy(+3.1%) and Austria(+2.5%), while decreases were observed in Hungary (-7.4%), Estonia(-5.8%), Latvia (-2.3%), Bulgaria (-1.1%)and Ireland(-0.1%).

Housing price statistics – house price index