Geneva stands out as Europe's most expensive city for apartment purchases in early 2025, with prices reaching a staggering 15,720 euros per square meter. This Swiss city's real estate market dwarfs even high-cost locations like Zurich and London, highlighting the extreme disparities in housing affordability across the continent. The stark contrast between Geneva and more affordable cities like Nantes, France, where the price was 3,700 euros per square meter, underscores the complex factors influencing urban property markets in Europe. Rental market dynamics and affordability challenges While purchase prices vary widely, rental markets across Europe also show significant differences. London maintained its position as the continent's priciest city for apartment rentals in 2023, with the average monthly costs for a rental apartment amounting to 36.1 euros per square meter. This figure is double the rent in Lisbon, Portugal or Madrid, Spain, and substantially higher than in other major capitals like Paris and Berlin. The disparity in rental costs reflects broader economic trends, housing policies, and the intricate balance of supply and demand in urban centers. Economic factors influencing housing costs The European housing market is influenced by various economic factors, including inflation and energy costs. As of April 2025, the European Union's inflation rate stood at 2.4 percent, with significant variations among member states. Romania experienced the highest inflation at 4.9 percent, while France and Cyprus maintained lower rates. These economic pressures, coupled with rising energy costs, contribute to the overall cost of living and housing affordability across Europe. The volatility in electricity prices, particularly in countries like Italy where rates are projected to reach 153.83 euros per megawatt hour by February 2025, further impacts housing-related expenses for both homeowners and renters.

Graph and download economic data for Average Sales Price of Houses Sold for the United States (ASPUS) from Q1 1963 to Q2 2025 about sales, housing, and USA.

Average House Prices in the United States increased to 534100 USD in August from 478200 USD in July of 2025. This dataset includes a chart with historical data for the United States New Home Average Sales Price.

Average house prices are derived from data supplied by the mortgage lending agencies on loans approved by them rather than loans paid. In comparing house prices figures from one period to another, account should be taken of the fact that changes in the mix of houses (incl apartments) will affect the average figures. The most current data is published on these sheets. Previously published data may be subject to revision. Any change from the originally published data will be highlighted by a comment on the cell in question. These comments will be maintained for at least a year after the date of the value change. Measured in € .hidden { display: none }

Depending on the location, the average price for a two-bedroom apartment in Mexico City could exceed ******* U.S. dollars in 2024. In Miguel Hidalgo, the most expensive borough to buy an apartment in Mexico City, the average apartment price was nearly ******* U.S. dollars for a two-bedroom apartment, while a three-bedroom apartment cost over ******* U.S. dollars. Among the boroughs ranked in the statistic, Coyoacán had the most affordable prices for a one-bedroom apartment, averaging ******* U.S. dollars. Overall, Mexico City has the highest average house price per square meter in Mexico.

Displacement risk indicator classifying census tracts according to apartment rent prices in census tracts. We classify apartment rent along two dimensions: The average rents within the census tract for the specified year, balancing between nominal rental price and rental price per square foot.The change in average rent price (again balanced between nominal rent price and price per square foot) from the previous year.Note: Average rent calculations include market-rate and mixed-income multifamily apartment properties with 5 or more rental units in Seattle, excluding special types like student, senior, corporate or military housing. Source: Data from CoStar Group, www.costar.com, prepared by City of Seattle, Office of Planning and Community Development

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Description:

A simple yet challenging project, to predict the housing price based on certain factors like house area, bedrooms, furnished, nearness to mainroad, etc. The dataset is small yet, it's complexity arises due to the fact that it has strong multicollinearity. Can you overcome these obstacles & build a decent predictive model?

Acknowledgement:

Harrison, D. and Rubinfeld, D.L. (1978) Hedonic prices and the demand for clean air. J. Environ. Economics and Management 5, 81–102. Belsley D.A., Kuh, E. and Welsch, R.E. (1980) Regression Diagnostics. Identifying Influential Data and Sources of Collinearity. New York: Wiley.

Objective:

• Understand the Dataset & cleanup (if required).
• Build Regression models to predict the sales w.r.t a single & multiple feature.
• Also evaluate the models & compare thier respective scores like R2, RMSE, etc.

Graph and download economic data for Median Sales Price of Houses Sold for the United States (MSPUS) from Q1 1963 to Q2 2025 about sales, median, housing, and USA.

Average Apartment Price: PS: Standard Apartments: NC: Chechen Republic data was reported at 80,726.280 RUB/sq m in Dec 2024. This records an increase from the previous number of 79,418.520 RUB/sq m for Sep 2024. Average Apartment Price: PS: Standard Apartments: NC: Chechen Republic data is updated quarterly, averaging 41,488.080 RUB/sq m from Mar 2010 (Median) to Dec 2024, with 60 observations. The data reached an all-time high of 80,726.280 RUB/sq m in Dec 2024 and a record low of 12,136.000 RUB/sq m in Dec 2010. Average Apartment Price: PS: Standard Apartments: NC: Chechen Republic data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Global Database’s Russian Federation – Table RU.EB032: Average Apartment Price: Primary Sales (PS): by Region.

Average house prices are derived from data supplied by the mortgage lending agencies on loans approved by them rather than loans paid. In comparing house prices figures from one period to another, account should be taken of the fact that changes in the mix of houses (incl apartments) will affect the average figures. The most current data is published on these sheets. Previously published data may be subject to revision. Any change from the originally published data will be highlighted by a comment on the cell in question. These comments will be maintained for at least a year after the date of the value change. Excluding apartments, measured in € Figure changed on the 27/6/16 as revised data received from the Local authority

Average Apartment Price: Primary Sale: Moscow data was reported at 352,661.150 RUB/sq m in Dec 2024. This records an increase from the previous number of 345,405.830 RUB/sq m for Sep 2024. Average Apartment Price: Primary Sale: Moscow data is updated quarterly, averaging 142,018.230 RUB/sq m from Mar 2000 (Median) to Dec 2024, with 100 observations. The data reached an all-time high of 374,657.730 RUB/sq m in Dec 2022 and a record low of 15,714.960 RUB/sq m in Jun 2000. Average Apartment Price: Primary Sale: Moscow data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Global Database’s Russian Federation – Table RU.EF001: Average Apartment Price: Primary Sale.

London was the most expensive city to buy an apartment in the United Kingdom, with an average value of ****** euros per square meter in the first quarter of 2025. The price of an apartment in Leeds was significantly lower at approximately ***** euros per square meter.

Average house prices are derived from data supplied by the mortgage lending agencies on loans approved by them rather than loans paid. In comparing house prices figures from one period to another, account should be taken of the fact that changes in the mix of houses (incl apartments) will affect the average figures. The most current data is published on these sheets. Previously published data may be subject to revision. Any change from the originally published data will be highlighted by a comment on the cell in question. These comments will be maintained for at least a year after the date of the value change. Measured in €

Ukraine Average Apartment Prices: Kyiv: per 1 Square Metre data was reported at 1.930 USD th in Apr 2025. This stayed constant from the previous number of 1.930 USD th for Mar 2025. Ukraine Average Apartment Prices: Kyiv: per 1 Square Metre data is updated monthly, averaging 1.890 USD th from Apr 2000 (Median) to Apr 2025, with 300 observations. The data reached an all-time high of 4.040 USD th in Oct 2008 and a record low of 0.350 USD th in Apr 2001. Ukraine Average Apartment Prices: Kyiv: per 1 Square Metre data remains active status in CEIC and is reported by Blagovist Real Estate Agency. The data is categorized under Global Database’s Ukraine – Table UA.EB002: Average Apartment Price.

France New Apartment Sold: Average Sales Price data was reported at 4,075.646 EUR/sq m in Sep 2018. This records an increase from the previous number of 4,055.257 EUR/sq m for Jun 2018. France New Apartment Sold: Average Sales Price data is updated quarterly, averaging 3,422.609 EUR/sq m from Dec 2000 (Median) to Sep 2018, with 72 observations. The data reached an all-time high of 4,075.646 EUR/sq m in Sep 2018 and a record low of 2,025.000 EUR/sq m in Mar 2001. France New Apartment Sold: Average Sales Price data remains active status in CEIC and is reported by Ministry of Ecology, Sustainable Development and Energy. The data is categorized under Global Database’s France – Table FR.P005: New Apartments: Sales Price.

Graph and download economic data for Housing Inventory: Median Listing Price per Square Feet in the United States (MEDLISPRIPERSQUFEEUS) from Jul 2016 to Oct 2025 about square feet, listing, median, price, and USA.

Average house prices are derived from data supplied by the mortgage lending agencies on loans approved by them rather than loans paid. In comparing house prices figures from one period to another, account should be taken of the fact that changes in the mix of houses (incl apartments) will affect the average figures. The most current data is published on these sheets. Previously published data may be subject to revision. Any change from the originally published data will be highlighted by a comment on the cell in question. These comments will be maintained for at least a year after the date of the value change. Measured in €

Belarus Average Apartment Price Index: per 1 Square Metre: 2 Rooms data was reported at 98.600 Same Qtr PY=100 in Dec 2021. This records a decrease from the previous number of 99.100 Same Qtr PY=100 for Sep 2021. Belarus Average Apartment Price Index: per 1 Square Metre: 2 Rooms data is updated quarterly, averaging 113.200 Same Qtr PY=100 from Mar 2010 (Median) to Dec 2021, with 48 observations. The data reached an all-time high of 267.300 Same Qtr PY=100 in Mar 2012 and a record low of 86.600 Same Qtr PY=100 in Mar 2017. Belarus Average Apartment Price Index: per 1 Square Metre: 2 Rooms data remains active status in CEIC and is reported by National Statistical Committee of the Republic of Belarus. The data is categorized under Global Database’s Belarus – Table BY.EB007: Average Apartment Price Index.

Average Apartment Price: SS: Standard Apartments: NC: Republic of Dagestan data was reported at 87,473.390 RUB/sq m in Dec 2024. This records an increase from the previous number of 87,027.370 RUB/sq m for Sep 2024. Average Apartment Price: SS: Standard Apartments: NC: Republic of Dagestan data is updated quarterly, averaging 37,091.045 RUB/sq m from Mar 2000 (Median) to Dec 2024, with 100 observations. The data reached an all-time high of 88,246.430 RUB/sq m in Dec 2023 and a record low of 4,498.110 RUB/sq m in Sep 2000. Average Apartment Price: SS: Standard Apartments: NC: Republic of Dagestan data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Global Database’s Russian Federation – Table RU.EF006: Average Apartment Price: by Region: Secondary Sale.

This dataset provides values for AVERAGE HOUSE PRICES reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.