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house prices

House prices up by 4.9% in the euro area

1 min read

The FINANCIAL -- In the third quarter of 2020, house prices, as measured by the House Price Index, rose by 4.9% in the euro area and by 5.2% in the EU compared with the same quarter of the previous year. In the second quarter of 2020 house prices rose by the same annual rates, 4.9% and 5.2% respectively. These figures come from Eurostat, the statistical office of the European Union.…

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House prices up by 4.9% in the euro area

1 min read

The FINANCIAL -- In the third quarter of 2020, house prices, as measured by the House Price Index, rose by 4.9% in the euro area and by 5.2% in the EU compared with the same quarter of the previous year. In the second quarter of 2020 house prices rose by the same annual rates, 4.9% and…

Rents up by 14.6%, house prices by 26.8% since 2010

1 min read

The FINANCIAL -- Between 2010 and the third quarter of 2011, house prices and rents in the EU27 followed similar paths. Since the third quarter of 2011, they have followed very different paths: while rents increased steadily throughout the period up to the third quarter of 2020, house prices have fluctuated significantly.…

Coronavirus is manipulating the housing inventory crisis in unpredictable ways

6 mins read

The FINANCIAL — A historic inventory crisis is driving up home prices to new highs, but understanding why would-be sellers are sitting on the sideline had been guesswork. Now a new Zillow survey[i] is shedding light on how the pandemic is influencing homeowners who are considering selling in the next three years, and the reasons why they’re staying put. …

Mortgage rates continue to fall historic low

2 mins read

The FINANCIAL — Freddie Mac (OTCQB: FMCC) released the results of its Primary Mortgage Market Survey® (PMMS®), showing that the 30-year fixed-rate mortgage (FRM) averaged 2.80 percent, the lowest rate in our survey’s history which dates back to 1971. “Mortgage rates remain very low, providing homeowners who have not already taken advantage of this environment ample opportunity to do…

House prices continue to grow due to inventory shortage

4 mins read

The FINANCIAL — Home price momentum continued into early October, with annual median list price growth reaching double digits, according to Zillow’s Weekly Market Report. Although the frenetic pace of newly pending sales seems to be subsiding in a delayed seasonal slowdown, a dire lack of inventory is keeping the market in sellers’ courts. “The consequences…

House prices increased by 5% in Europe

2 mins read

The FINANCIAL —  In the second quarter of 2020, marked by COVID-19 containment measures in most Member States, house prices, as measured by the 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. In the first quarter 2020 house prices…