House prices in Malta up 6.2%

Malta recorded the highest quarterly increase in house prices in the EU (+6.2 per cent) in the third quarter of last year, according to Eurostat.

It was followed by Ireland (+4.5 per cent), Austria (+4.1 per cent), and Sweden and the United Kingdom (both +3.9 per cent).

The largest falls in the same quarter were recorded in Slovenia (-3.5 per cent) and Estonia (-1.9 per cent).

Overall, house prices rose by 2.3 per cent in the euro area and by 3.1 per cent in the EU when compared with the same quarter of 2014.

If you are looking for a short or long term rental or sale properties in Malta and Gozo, ECSM Property Ltd has an extensive database. Furthermore our staff is on hand to assist with finding you a new, luxury or bargain residence on the Maltese islands. For more information and detailed guidance about Maltese properties look at our website www.ecsmproperty.uk.com or drop us a note on ec@ecsmproperty.uk.com We look forward hearing from you.

20 Jan 2016

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