House price rises continue in Luxembourg
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House prices in Luxembourg have been rising since the second half of 2009, after almost two years of house price falls, with lower interest rates boosting demand.
The average apartment price rose 2.12% during the second quarter, and is 6.73% up on the same quarter last year, at €3,896 per square metre (sq. m.)., according to Observatoire de L’ Habitat. Year-on-year, prices are higher both for existing flats (6.73%) and for apartments under construction (5.27%).
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