Nominal growth of residential property prices in the local currency reached 4.22% in 2017 in Luxembourg, according to the National Statistical Office. This is 45.2% less than in the previous year.
Historically, nominal growth of residential property prices in the local currency in Luxembourg reached an all time high of 25.4% in 1976 and an all time low of -3.61% in 1982.
Luxembourg has been ranked 38th within the group of 71 countries we follow in terms of nominal growth of residential property prices in the local currency.
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