Commercial property prices in the euro area declined in 2023, following a long period of growth since 2011. In the second quarter of 2023, the index value stood at 114.73, meaning that prices had increased by almost 15 percent since 2011 - the index baseline year. At its peak in the second quarter of 2022, the index amounted to 127.35 percent.
Index of commercial property prices in the euro area from 1st quarter 2011 to 2nd quarter 2023
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Bank for International Settlements. (January 23, 2024). Index of commercial property prices in the euro area from 1st quarter 2011 to 2nd quarter 2023 [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1465606/commercial-property-price-index-europe/
Bank for International Settlements. "Index of commercial property prices in the euro area from 1st quarter 2011 to 2nd quarter 2023." Chart. January 23, 2024. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1465606/commercial-property-price-index-europe/
Bank for International Settlements. (2024). Index of commercial property prices in the euro area from 1st quarter 2011 to 2nd quarter 2023. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1465606/commercial-property-price-index-europe/
Bank for International Settlements. "Index of Commercial Property Prices in The Euro Area from 1st Quarter 2011 to 2nd Quarter 2023." Statista, Statista Inc., 23 Jan 2024, https://www.statista.com/statistics/1465606/commercial-property-price-index-europe/
Bank for International Settlements, Index of commercial property prices in the euro area from 1st quarter 2011 to 2nd quarter 2023 Statista, https://www.statista.com/statistics/1465606/commercial-property-price-index-europe/ (last visited December 22, 2024)
Index of commercial property prices in the euro area from 1st quarter 2011 to 2nd quarter 2023 [Graph], Bank for International Settlements, January 23, 2024. [Online]. Available: https://www.statista.com/statistics/1465606/commercial-property-price-index-europe/