According to the statistical office of the European Union-Eurostat, house prices rose by 2.9% in the euro area and by 3.8% in the EU in the fourth quarter of 2015 compared with the same quarter of the previous year.

Compared with the third quarter of 2015, house prices remained stable in the euro area and rose by 0.2% in the

EU in the fourth quarter of 2015.

Sweden is the strongest performing-housing market in Europe

Among the Member States for which data are available, the highest annual increases in house prices in the fourth

quarter of 2015 were recorded in Sweden (+14.2%), Hungary (+10.3%) and the United Kingdom (+7.1%), while

falls were observed in Croatia (-2.1%), Italy (-0.9%) and Cyprus (-0.6%).

Europe housing market continues to soar in 2015

The highest quarterly increases were recorded in Bulgaria (+3.1%), Latvia (+2.3%) and Sweden (+2.0%), and the

largest falls in Cyprus (-4.2%), Lithuania (-2.1%) and Austria (-1.7%).

Source: Eurostat