The comparable figures for the 27 countries in the European Union were 10% in the fourth quarter of 2021 compared to 9.3% in the third quarter.
This is the highest annual rate across the euro area since 2005, which is when Eurostat first began compiling house price data across member states. 15 countries, including Ireland, showed growth rates above 10%. Cyprus was the only member state where prices fell, by 5.3%.Prices in Ireland rose by 13.9% in the fourth quarter of last year compared to a rate of 10.6% in the third quarter.
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