Europe’s erratic ‘property prices’ movement

As UK Property Prices seem to be taking a hit due to uncertainties of Brexit, Europe seems to also be playing a somewhat unpredictable game in real estate.

As headlines such a Luton house prices down by 1.4% in November do the rounds in the UK, we have Czech property prices grew 8.7% year-on-year in the third quarter of 2018.  Looking at other media outlets we have Cyprus house prices rise 0.2 per centPortugal’s housing prices continue to rise and Italian house prices have fallen by 0.4 percent year on year.

The main headlines hitting European property prices is that UK prices are falling, especially within London, whilst Spain is seeing record price increases following what was a gloomy few years previously and big price falls. Italy is somewhat still very much slow to react to any growth of which might be what has caused the increase in European house prices slowing in the third quarter – Ireland on the other hand are seeing positive property prices hikes as is Slovenia who top the charts with rises.

Brexit will of course send a shock wave across all European countries and especially those tied in under EU management whom are showing signs of revolting their memberships, ie Frexit, Italexit, Nexit, and Swexit. No matter what the decision of Brexit, and whether the government will honour the democratic vote or not, there is a strong feeling that the country will be damaged for the next few years with many predicting a fall in property prices.

Christopher Walkey

Founder of Estate Agent Networking. Internationally invited speaker on how to build online target audiences using Social Media. Writes about UK property prices, housing, politics and affordable homes.

You May Also Enjoy

Breaking News

Majority of Tenants Unsure How Changes Will Affect Them, Says LRG

With major changes to the private rental sector on the horizon, 62% of tenants say they don’t know whether the government’s Renters’ Rights Bill will address their concerns – highlighting a growing need for clearer communication around what the reforms will mean in practice. LRG’s latest Lettings Report shows that while landlords are widely aware…
Read More
Home and Living

Perfume Storage Tips: How to Keep Your Fragrances Fresh

Perfumes are sensitive compositions that can be significantly affected by how they are stored. Proper storage ensures that your favorite fragrances stay fresh and maintain their intended scent profile. In this article, we’ll explore practical, fun, and effective tips to help you preserve your perfumes in perfect condition. Understanding the Sensitivity of Perfumes Perfumes are…
Read More
Breaking News

Renters’ Rights Bill Delay Causing Uncertainty for Tenants and Landlords

Ministers need to tell landlords and tenants when measures in the Renters’ Rights Bill will take effect the National Residential Landlords Association (NRLA) is today warning. The Government pledged last year to abolish Section 21 ‘no explanation’ repossessions and to make other changes to the rental market this summer. With the Bill not scheduled to…
Read More
Breaking News

Breaking Property News 02/04/25

Daily bite-sized proptech and property news in partnership with Proptech-X.   Made Snappy 360 appoints new CEO and Sales Director to accelerate growth in the property technology space Made Snappy 360, the fast-growing proptech company known for its virtual tours and floor plan technology, has appointed industry veteran Mark Beresford-Ward as its new Chief Executive…
Read More
Home and Living

Expert reveals the exact date parents must start renovating in time for summer

Loft and attic renovations are gaining popularity this spring, with nearly 11,000 monthly Google searches, highlighting them as one of the top home renovation projects Brits are planning in the coming weeks. Loft conversion specialist Sally McClean, loft conversion specialist from Enfields loft conversions Rooftop Rooms, shares the exact dates homeowners should start their renovations…
Read More
Breaking News

Nationwide HPI – Annual house price growth steady in March

Annual rate of house price growth remained stable in March at 3.9%, unchanged from February Northern Ireland remained the top performing area, with annual price growth accelerating to 13.5% London weakest performing region, with 1.9% year-on-year rise Commenting on the figures, Robert Gardner, Nationwide’s Chief Economist, said: “UK house price growth remained stable in March…
Read More