New house price index data from Eurostat, the statistical office of the European Union, has revealed a small rise in property prices across the eurozone in the first quarter of 2015.
The latest report shows a 0.9% rise across the eurozone an increase of 2.5% year-on-year across the EU as a whole. Ireland saw the largest rises (16.8%), followed by Sweden (11.6%) and Hungary (9.7%). The UK market rose 8.5%.
For some of the most popular European countries for Britons to buy property, rises were less dramatic. In Italy, there was a year-on-year increase of 3.3%, across France and Spain, rises averaged 1.6% and in Portugal, prices went up 0.8%.
