House prices rising rapidly in Luxembourg
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After a short-lived drop in 2012, Luxembourg’s property market is surging again, amidst a recovering economy. During 2013, the average selling price of houses soared by 10.32% (8.9% inflation-adjusted), the biggest annual house price increase since Q2 2006, based on figures from Ministere du Logement.
On a quarterly basis, house sales prices rose by 2.4% (2.02% inflation-adjusted) during the fourth quarter of 2013.
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