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According to the Central Bank of Malta, residential property prices increased at an average rate of 6.3% in 2015.
Terrace houses had the highest price increase of 17.86% during the the first three quarters of 2015.
Development permits for new dwelling units rose by 34.4% in 2015 to 3,947.
In 2016, the EU expects Malta's economy to expand by 3.9%, the third highest in the EU