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Croatia one of EU members with biggest quarterly house price jumps

ZAGREB, Jan 25 (Hina) - Croatia, Ireland and Latvia saw the biggest rises in house prices, measured by the House Price Index (HPI), in the third quarter of 2014 compared to Q2 2014, the European Union's statistical office Eurostat has reported.

"The highest quarterly increases were recorded in Ireland (+6.2%), Latvia (+4.9%), and Croatia (+4.7%), and the largest falls in Slovenia (-1.1%), Romania and Malta (both -0.9%)," according to Eurostat's figures.

"Compared with the second quarter of 2014, house prices rose by 0.6% in the euro area and by 1.1% in the EU in the third quarter of 2014."

House prices rose by 0.5% in the euro area and by 2.3% in the EU in Q3 2014 compared with the same quarter of the previous year.

In Croatia, house prices in Q3 2014 went up 2.6% on the year.

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