Housing prices increased by 3.7% during the year

In the 1st quarter of 2024, compared to the 1st quarter of 2023, housing prices increased by 3.7%, according to the latest preliminary data of the Central Statistics Office.

Prices for new homes increased by 11.1%, and for used homes, the average price level increased by 1.2%. In the 1st quarter of 2024, compared to the 4th quarter of 2023, housing prices increased by 2.7%. Prices for new housing decreased by 1.9%, while used housing was 4.0% more expensive. Compared to 2015, housing prices in the 1st quarter of 2024 were 93.2% higher. Prices for new housing increased by 97.6%, and for used housing – by 91.4%. Information on housing price changes in the 2nd quarter of 2024 will be announced on September 13, 2024. The data for the 1st quarter of 2024 are preliminary. The final data will be published together with the preliminary data of the 2nd quarter of 2024 on 13.09.2024. Source of the article here