
Spain was first outside the European tendency to a significant reduction in real estate prices. According to the European Statistical Agency Eurostat ( report in PDF ), in the first quarter of this year, real estate in this country fell by only 1.6% in average annual terms and 0.3% in the mid -quarterly.
Such moderate indicators indicate a change in the trends that is observed in the national housing market, writes noticia.ru . Although, we recall, skeptics believe that by 2017, housing in Spain will take a little more than 20% .
In the whole eurozone, in the first trimester of 2014, the value of real estate decreased by 0.3%, and in the EU it increased by 0.1% compared to the same period last year. In the period from January to March, prices in the eurozone decreased by 0.3% in the average score, while the average for the European Union increased by 0.2%.
From now on, the leaders in the size of real estate discounts are Croatia (9.7%), Slovenia (6.6%) and Cyprus (5.7%). Spain almost continuously occupied the first place in this rating since the start of statistics in 2012. At the opposite end of the list, Estonia (+17.5%), Latvia (+10.4%) and Great Britain (+8%) are located.
In the average score, the most noticeable decrease in prices occurred in Croatia (-2.7%), Luxembourg (-2.3%) and Slovenia (-1.7%).