Southeastern Europe: Property Market Clashes

Published: October 10, 2013; 21:12 · (Vindobona)

Since mid-2012, the property market in Southeastern Europe shrinks drastically. In Croatia, house prices fell by 20%.

Southeastern Europe: Property Market Clashes / Picture: © Flickr

 

House prices, as measured by the House Price Index1 (HPI), fell by 2.2% in the euro area and by 1.3% in the EU3 in the second quarter of 2013 compared with the same quarter of the previous year, according to data published by Eurostat, the statistical office of the European Union.

This article includes a total of 307 words.

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