Poland has EU’s second highest house pricing growth: Eurostat

Eurostat, the EU statistics office reported that housing prices, measured by the House Price Index, in Poland went up by 10.9 percent in the second quarter of the year, while the EU average was at 5.2 percent and the Eurozone average was 5 percent, compared to the same quarter of 2019.

The Polish economy grew by 4.5 percent in 2019: stats office

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The highest increase in prices was recorded in Luxembourg (13.3 percent), whilst Poland had the second highest. The third country was Slovakia, where prices increased by 9.7 percent.

The highest decrease was recorded in Hungary (5.6 percent, however, the data is a provisional estimation with a high degree of uncertainty, as Eurostat reported) and Cyprus (2.9 percent down).

Compared to the Q1, prices in the EU went up by 1.5 percent on average, while in Poland – it was 2 percent. Again, the highest increase was recorded in Luxembourg (4.4 percent), while the highest decrease in Hungary (7.4 percent again, based on a provisional estimation).

The full date can be found at the Eurostat website.