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House prices in Europe continue to rise, outpacing inflation in many countries. Annual increases ranged from 0.6% in Germany to 16.5% in Portugal in the second quarter of 2026.
EU house prices climbed 4.7% year-on-year in Q2 2026, outpacing 3.2% inflation, but growth varied widely: Portugal, Bulgaria and Spain posted double-digit gains while Finland, Luxembourg and France saw prices fall. Real growth stayed strong in several markets, though higher mortgage rates and economic uncertainty…