House prices have risen over 9% in Luxembourg, Portugal and the Netherlands. The Eurozone average increase is 4.2%.

Eurostat published their latest data concerning EU housing costs in the last third of 2018 on Thursday, concluding that the cost of becoming a homeowner has risen significantly.

Compared to the same time period in 2017 there has been an increase of 4.2% across the general Eurozone.

Luxembourg's average, however, lay significantly above the EU average - more than doubling it at an increase of 9.3% over the year.

But the Grand-Duchy is not the only country with such a high increase - it was joined by Portugal and the Netherlands, with price increases over 9%, and Slovenia exceeded all others with increases of over 18%.

The only country where housing costs fell, according to Eurostat, was Italy.