According to data collected from credit institutions,(1) nominal apartment prices are estimated to have increased, on average, by 4.0% year-on-year in the first quarter of 2019. According to revised data, the average annual rate of increase was 1.6% in 2018 (Q1: 0.5%, Q2: 1.2%, Q3: 2.2% and Q4: 2.6%), against a decrease of 1.0% in 2017. Indices of apartment prices by age and geographical area More specifically, in the first quarter of 2019, prices of `new` apartments (up to 5 years old) increased by 4.0% year-on-year, whereas prices of `old` apartments (over 5 years old) increased by 3.9% year-on-year. According to revised data, prices of `new` apartments increased by 1.8% on average in...
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