According to figures released by Eurostat, the statistical office of the European Union, house prices rose by 2.9% in the euro area and by 4.0% in the EU in the second quarter of 2016 compared with the same quarter of the previous year. Compared with the first quarter of 2016, house prices rose by 1.4% in the euro area and by 1.6% in the EU in the second quarter of 2016.
We are pleased to announce that that CEPI-CEI and its Property Managers Professional Division CEAB have signed a partnership agreement with JPM. The signature took place on the occasion of a meeting in Tokyo, Japan on 8th September 2016. JPM is a non-profit association providing information, education and services for real estate managers in Japan.
The International Property Measurement Standards (IPMS) Residential Buildings will provide a uniform global method to determine the size and dimension of floor space measures that can be used anywhere in the world.
According to the statistical office of the EU, Eurostat, house prices, as measured by the House Price Index, rose by 3.0% in the euro area and by 4.0% in the EU in the first quarter of 2016 compared with the same quarter of 2015. Compared with the fourth quarter of 2015, house prices rose by 0.4% in the euro area and by 0.7% in the EU in the first quarter of 2016.
Slovakia took over the Presidency of the Council of the European Union on 1 July 2016. Its programme for the next six months is based on four priorities: an economically strong Europe, a modern single market, a sustainable migration and asylum policies and a globally engaged Europe.