House prices in Malta, as measured by the House Price Index (HPI), rose by 3.9 per cent in the second quarter when compared with the same quarter of 2012, according to Eurostat.

During the same period, house prices in the eurozone fell by 2.2 per cent and by 1.3 per cent in the EU.

Compared with the first quarter of 2013, house prices rose by 1.2 per cent in Malta, 0.3 per cent in the euro area and by 0.4 per cent in the EU.

Among the EU member states for which data are available, the highest annual increases in house prices in the second quarter of 2013 were recorded in Latvia (+8.8%), Estonia (+8.1%) and Luxembourg (+5.1%), and the largest falls in Croatia (-9.7%), Spain (-10.6%) and the Netherlands (-7.5%).

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