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Friday, November 22, 2024

Prices of residential property with highest y/y increase in Q3

By: P. T., STA

The prices of residential property increased by 2.8% in the third quarter of the year on a quarterly basis, and by 12.9% year-on-year, which is the highest price increase on an annual basis so far, the Statistics Office announced on Thursday.

After dropping in the second quarter of 2021, the prices of new residential property rose again, by 3.3%. The prices of new apartments were up by 4.3% and the prices of houses increased by 0.6% after a significant drop in the second quarter.

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