H1-2015: Wealth prices in Euroland: North-south divide continues

The present note gives an update of our wealth price series for euro area countries until the middle of this year.

Wealth price inflation remained substantially higher in the northern than in the southern countries of the euro area. While prices rose by 4.7% and 4.0% in the first and second quarter, respectively, in the northern countries, they rose by only 0.7% and 2.3% in the southern countries.

Hence, our earlier conclusion of a north-south divide in wealth price developments remains valid. However, wealth price divergence between north and south eased somewhat during the first half of 2015.

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