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August 15, 2022

Eurostat: Romania has the highest percentage of homeowners in the EU

Romania is above the European average with regard to the proportion of homeowners in the total population, with 86.6 pc of its population having real estate properties. The figure places the country in the top position in Europe, according to the latest data released by Eurostat, quoted by dailybusiness.ro. The next two positions are occupied by Lithuania (92.3 pc) and Croatia (92.1 pc). Switzerland has the lowest percentage of real estate owners at Europe scale – only 43.8 pc of its population. The middle positions are held by Germany (53.4 pc), Austria (57.5 pc), Italy (72.9 pc), United kingdom (67.9 pc) and Spain (82.7 pc). As for the average figure in the European Union, the percentage of real estate property owners stands at 70.9 pc. However, Eurostat data also shows that Romania had in June 2013, compared to May 2013, the most important decrease of construction works in the EU (-2.4 pc), against increases of 0.8 pc increase at EU scale and 0.7 pc throughout the euro zone. Only 4 member states of the Union reported an increase of construction works in June 2013, compared to the previous month, while 6 states, including Romania, reported drops. The biggest increases were registered in Slovakia (10.5 pc), Poland (5.3 pc) and Germany (1.6 pc). According to INS, the volume of construction works diminished in the first 6 months of 2013 both in unadjusted series and in series adjusted with the number of workdays and seasonal factors, by 6.8 pc and 7 pc respectively, compared to the similar interval of 2012. INS data reveal that, in June 2013 the volume of construction works advanced against the previous month with 10.2 pc unadjusted series, but dropped by 2.4 pc in series adjusted with workdays and seasonal factors.

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