Real Estate

Euro Area House-Price Gains Slow for First Time Since Pandemic

Rising borrowing costs and a spike in living costs are now threatening housing demand. — Rising borrowing costs and a spike in living costs are now threatening housing demand.
Photographer: Krisztian Bocsi/Bloomberg

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By Alexander Weber

October 7, 2022 at 9:00 AM UTC

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Gains in euro-area housing prices slowed for the first in two years as the war in Ukraine dented confidence and quickening inflation pushed the European Central Bank to abandon ultra-loose policies.