At the end of the third quarter of 2024, the cost of real estate in the European Union increased by 3.8%, a record increase since 2022. This was reported by RIA Novosti with reference to our own analysis.
According to the research results, Bulgaria became the leader in the rate of increase in housing prices. At the end of the reporting period, this figure reached 16.5%, four times the overall Union figure. In second place is Poland, where real estate values increased by 14.4%. Hungary closed the top three with 13.4%.
House prices in Austria and Sweden remained almost unchanged. The analysis noted that compared to the same period last year, prices increased by 0.7% and 0.3% respectively.
Last September The Telegraph reportedHe said British expats were being forced to leave Dubai due to rising property prices due to the influx of wealthy Russians. Since 2022, Russian citizens have purchased housing worth $6.3 billion in the city, according to economists from the EU Tax Observatory and the Norwegian Tax Research Center.
Russians before saidHow to buy a house in Dubai.
What are you thinking?
Source: Gazeta
Ben Stock is a business analyst and writer for “Social Bites”. He offers insightful articles on the latest business news and developments, providing readers with a comprehensive understanding of the business world.