House prices rose by 5.4% in the eurozone and 5.7% in the European Union in the fourth quarter of 2020, compared to the same period last year, according to the statistical office Eurostat.
In Belgium, the increase is 5.7%.
For the eurozone, this is the highest annual increase since the fourth quarter of 2006, Eurostat said.
Related News
Compared with the third quarter of 2020, house prices rose by 1.4% in the euro area and by 1.3% in the EU.
Among the Member States for which data are available, the highest annual increases in house prices were observed in Luxembourg (+16.7%), Denmark (+9.8%) and Lithuania (+9.4%).
The Brussels Times
