The average house price in England started to increase in the first half of 2024, after falling by over three percent year-on-year in December 2023. In June 2024, the house price index amounted to 149.7 index points, suggesting an increase in house prices of 2.4 percent since the same month in 2023 and a roughly 50 percent rise since 2015 - the baseline year for the index. Among the different regions in the UK, West and East Midlands experienced the strongest growth.

House prices in the UK rose dramatically during the coronavirus pandemic, with growth slowing down in 2022 and turning negative in 2023. The year-on-year annual house price change peaked at 14 percent in July 2022. In April 2025, house prices increased by 3.5 percent. As of late 2024, the average house price was close to 290,000 British pounds. Correction in housing prices: a European phenomenon The trend of a growing residential real estate market was not exclusive to the UK during the pandemic. Likewise, many European countries experienced falling prices in 2023. When comparing residential property RHPI (price index in real terms, e.g. corrected for inflation), countries such as Germany, France, Italy, and Spain also saw prices decline. Sweden, one of the countries with the fastest growing residential markets, saw one of the largest declines in prices. How has demand for UK housing changed since the outbreak of the coronavirus? The easing of the lockdown was followed by a dramatic increase in home sales. In November 2020, the number of mortgage approvals reached an all-time high of over 107,000. One of the reasons for the housing boom were the low mortgage rates, allowing home buyers to take out a loan with an interest rate as low as 2.5 percent. That changed as the Bank of England started to raise the base lending rate, resulting in higher borrowing costs and a decline in homebuyer sentiment.

The figures of existing own homes are related to the stock of existing own homes. Besides the price indices, figures are also published about the numbers sold, the average purchase price, and the total sum of the purchase prices of the sold dwellings. The House Price Index of existing own homes is based on a complete registration of sales of dwellings by the Dutch Land Registry Office (Kadaster) and the (WOZ) value of all dwellings in the Netherlands. Indices may fluctuate, for example if a small number of dwellings are sold in a certain region. In such cases we recommended using the long-term figures. The average purchase price of existing own homes may differ from the price index of existing own homes. The change in the average purchase price, however, is not an indicator for price developments of existing own homes.

Data available from: 1st quarter 1995 to 4th quarter 2023

Status of the figures: The figures in this table are immediately definitive. The calculation of these figures is based on the number of notary transactions that are registered every month by the Dutch Land Registry Office (Kadaster). A revision of the figures is exceptional and occurs specifically if an error significantly exceeds the acceptable statistical margins. The numbers of existing owner-occupied sold homes can be recalculated by Kadaster at a later date. These figures are usually the same as the publication on Statline, but in some periods they differ. Kadaster calculates the average purchasing prices based on the most recent data. These may have changed since the first publication. Statistics Netherlands uses figures from the first publication in accordance with the revision policy described above.

Changes as of 6 June 2024: This table has been discontinued. This table is followed by Existing own homes; purchase prices, price index 2020=100, region. See paragraph 3.

From reporting period 2024 quarter 1, the base year of the House Price Index for Existing Dwellings (PBK) will be adjusted from 2015 to 2020. In April 2024, the first figures of this new series will be released. These figures will be available in a new StatLine table. The old series (base year = 2015) can still be consulted via StatLine, but will no longer be updated.

Sweden - House price index (2015 = 100) was 1.90 % year-on-year in March of 2025, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Sweden - House price index (2015 = 100) - last updated from the EUROSTAT on July of 2025. Historically, Sweden - House price index (2015 = 100) reached a record high of 11.30 % year-on-year in September of 2021 and a record low of -6.90 % year-on-year in March of 2023.

Estonia - House price index (2015 = 100) was 4.60 % year-on-year in March of 2025, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Estonia - House price index (2015 = 100) - last updated from the EUROSTAT on July of 2025. Historically, Estonia - House price index (2015 = 100) reached a record high of 27.40 % year-on-year in June of 2022 and a record low of 3.60 % year-on-year in December of 2024.

European Union - House price index (2015 = 100) was 3.80 % year-on-year in September of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for European Union - House price index (2015 = 100) - last updated from the EUROSTAT on June of 2025. Historically, European Union - House price index (2015 = 100) reached a record high of 10.50 % year-on-year in March of 2022 and a record low of -1.20 % year-on-year in September of 2023.

Hungary - House price index (2015 = 100) was 13.40 % year-on-year in September of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Hungary - House price index (2015 = 100) - last updated from the EUROSTAT on June of 2025. Historically, Hungary - House price index (2015 = 100) reached a record high of 24.90 % year-on-year in June of 2022 and a record low of 2.60 % year-on-year in June of 2020.

This table shows the price development of newly built and existing dwellings purchased by households. Aside from the price indices, Statistics Netherlands also publishes figures on the number, average purchase price and total sum of the purchase prices of the sold dwellings.

Data available from: 1st quarter 2015

Status of the figures: The figures in this table that are associated with existing homes (PBK) are final. The figures in this table that are associated with new dwellings (PNK) are one period provisional. The figures in this table that are associated with the number of sold dwellings and the average purchase price and related to newly built dwellings and total figures are four periods provisional.

Changes as of 8th of April 2025: The figures for the 4th quarter and the year of 2024 have been added and the 3rd quarter of 2024 are now final.

Changes as of 27th of June 2024: The figures regarding new-build owner-occupied homes for the period 2023 have been corrected as a result of the application of a new methodology.

When will new figures be published? New figures are published in July 2025.

Key information about House Prices Growth

• US house prices grew 5.2% YoY in Dec 2024, following an increase of 5.4% YoY in the previous quarter.
• YoY growth data is updated quarterly, available from Mar 1992 to Dec 2024, with an average growth rate of 5.4%.
• House price data reached an all-time high of 17.7% in Sep 2021 and a record low of -12.4% in Dec 2008.

Graph and download economic data for All-Transactions House Price Index for the United States (USSTHPI) from Q1 1975 to Q1 2025 about appraisers, HPI, housing, price index, indexes, price, and USA.

In 2024, the town house price index in Thailand reached 182.7 points. The country's price index of single-detached houses and town houses has increased since 2015.

Graph and download economic data for Average Sales Price of Houses Sold for the United States (ASPUS) from Q1 1963 to Q1 2025 about sales, housing, and USA.

Graph and download economic data for Median Sales Price of Houses Sold for the United States (MSPUS) from Q1 1963 to Q1 2025 about sales, median, housing, and USA.

Graph and download economic data for All-Transactions House Price Index for New York (NYSTHPI) from Q1 1975 to Q1 2025 about appraisers, NY, HPI, housing, price index, indexes, price, and USA.

Ireland - House price index (2015 = 100) was 7.90 % year-on-year in March of 2025, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Ireland - House price index (2015 = 100) - last updated from the EUROSTAT on July of 2025. Historically, Ireland - House price index (2015 = 100) reached a record high of 15.00 % year-on-year in March of 2022 and a record low of -0.80 % year-on-year in September of 2020.

Italy - House price index (2015 = 100) was 4.40 % year-on-year in March of 2025, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Italy - House price index (2015 = 100) - last updated from the EUROSTAT on July of 2025. Historically, Italy - House price index (2015 = 100) reached a record high of 5.20 % year-on-year in June of 2022 and a record low of -0.10 % year-on-year in June of 2019.

Belgium - House price index (2015 = 100) was 3.60 % year-on-year in September of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Belgium - House price index (2015 = 100) - last updated from the EUROSTAT on June of 2025. Historically, Belgium - House price index (2015 = 100) reached a record high of 7.60 % year-on-year in September of 2021 and a record low of 1.00 % year-on-year in September of 2023.

Germany - House price index (2015 = 100) was 3.80 % year-on-year in March of 2025, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Germany - House price index (2015 = 100) - last updated from the EUROSTAT on July of 2025. Historically, Germany - House price index (2015 = 100) reached a record high of 12.80 % year-on-year in September of 2021 and a record low of -10.20 % year-on-year in September of 2023.

The average house price in the increased by 2.7 percent year-on-year in June 2024, according to the monthly house price index. The index is calculated using data on housing transactions and measures the development of house prices, with 2015 chosen as a base year when the index value was set to 100. In June 2024, the index reached 151 index points, meaning that house prices have grown by over 51 percent since 2015. The house price index is an important measure for the residential real estate market. It is used to show changes in the value of residential properties in England, Scotland, Wales and Northern Ireland. This upwards trend in house price index, and therefore the value of residential properties, has also been observed by other measurers of house price index in the United Kingdom.