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3/19/06

Citywire: Estonia and Denmark are Europe's hottest property spots, by Lorna Bourke

For the full report go to Citywire or click on link

Estonia and Denmark are Europe's hottest property spots, by Lorna Bourke

For anyone looking for property hot spots, Estonia saw the highest house price inflation in Europe last year at 28%, closely followed by Denmark at 22%. According to the latest survey of European House Prices from the Royal Institution of Chartered Surveyors, Spain at 15% and France with 10% price rises, 2004’s leaders, are now third and fifth, with Swedish house price rises at 12% in fourth place.

‘After several years of high growth in Europe’s Mediterranean regions, fuelled by the second homes boom and strong economic growth, countries in the north of the continent are starting to catch up, in what remains a generally buoyant European market,’ says the RICS report.

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