How Ireland's record GDP crash dragged the euro area into reverse

Ireland's GDP fell 12.1% in early 2026, the steepest quarterly drop on record, flipping the whole euro area into contraction. The catch: it was never growth.

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Euro Area: Weighted Average Interest Rates on New Mortgage Agreements and Interest Rates on New Household Deposits with Agreed Maturity in March 2026

These are new agreements (not existing stock of loans/deposits).

#Eurozone #Greece #RealEstate #Housing #mortgages #incomes #HousingCrisis #EuroArea #HousePrices #rents #property

Bloomberg: The #euroarea saw its steepest jump in #inflation since 2022 as the #Iranwar pushed #energycosts sharply higher, reinforcing expectations that the #EuropeanCentralBank will have to raise #interestrates.
#Germany factory orders in manufacturing: -11.1%M, +3.7%Y - #foreign orders were down 7.1% in Jan 2026, with new orders from the #euroarea decreasing by 7.3% and orders from outside the #euroarea declining by 7.1%, #domestic orders fell by 16.2% - chart @destatis https://www.destatis.de/EN/Press/2026/03/PE26_072_421.html?nn=2112

European Union house price annual growth, from 2010 to 2024

EU house prices rose about 53% from 2010 to 2024
After a decline in 2011–2013, they stayed stable until early 2015, then surged through 2022, with sharp gains near 8% in 2021–2022
Prices fell 0.3% in 2023 but rebounded in 2024, rising about 4% in the EU and 3% in the euro area

#EU #RealEstate #HousePrices #Eurozone #residential #property #Greece #HousingCrisis #HomePrices #EuroArea #housing

House Price Index for the EU, the Euro area and Greece, from 2005 to Q3 2025

A strong recovery begins around 2018, with Greek house prices rising steeply.
By Q3 2025, Greece’s index surpasses both the EU and Euro area, indicating a robust rebound and possibly overheating dynamics

#Greece #EU #EuroArea #RealEstate #residential #propery #HousingCrisis #HomePrices #housing #affordability

House price index, total, EU and Euro area 20, from 2015 to Q3 2025

2015-Q3 2025: Over the entire decade, house prices in the EU have increased by 63.6%

House prices in both the EU and the Euro area experienced significant, staggering increases from 2015 until a peak around Q3 2022
This was followed by a brief decline and stabilization, with prices beginning to increase again since 2024

#EU #Eurozone #HousePrices #RealEstate #residential #property #HousingCrisis #HomePrices #EuroArea

House prices in the EU increased by 5.5% and in the Euro area by 5.1% in Q3 2025 compared to the same quarter of the previous year

Οι τιμές των κατοικιών στην ΕΕ αυξήθηκαν κατά 5,5% και στη ζώνη του ευρώ κατά 5,1% το τρίτο τρίμηνο του 2025 σε σύγκριση με το ίδιο τρίμηνο του προηγούμενου έτους

#EU #EuroArea #HousePrices #RealEstate #residential #property #HousingCrisis #Eurozone #ΕΕ #Ευρωζώνη #ακίνητα #κατοικία

GS economists expect its CA-surplus to increase to almost 1% of global GDP over the next 3-5y, the biggest surplus of any country in recorded history. This is likely to weigh heavily on growth in economies that compete intensively with #China such as the #euroarea, and particularly #Germany

Στην Ευρωζώνη, οι τιμές των κατοικιών από το 2000 στο δεύτερο τρίμηνο του 2025
(Δείκτης τιμών 2015=100 και Ετήσια ποσοστιαία μεταβολή )

Residential property prices, in the Euro area, from 2000 to Q2 2025
(Index,2015=100 and Year-to-year %-change)

#EU #RealEstate #HousePrices #residential #HousingCrisis #Eurozone #property #housing #EuroArea