In 2024, Turkey had the highest inflation-adjusted house price index out of the ** European countries under observation, making it the country where house prices have increased the most since 2010. In Turkey, the house price index exceeded *** index points in the fourth quarter of 2024, showing an increase in real terms of *** percent since 2010, the baseline year for the index. Iceland and Estonia completed the top three, with an index value of *** and *** index points. In the past year, however, many European countries saw house prices decline in real terms. Where can I find other metrics on different housing markets in Europe? To assess the valuation in different housing markets, one can compare the house-price-to-income ratios of different countries worldwide. These ratios are calculated by dividing nominal house prices by nominal disposable income per head. There are also ratios that look at how residential property prices relate to domestic rents, such as the house-price-to-rent ratio for the United Kingdom. Unfortunately, these numbers are not available in a European overview. An overview of the price per square meter of an apartment in the EU-28 countries is available, however. One region, different markets An important trait of the European housing market is that there is not one market, but multiple. Property policy in Europe lies with the domestic governments, not with the European Union. This leads to significant differences between European countries, which shows in, for example, the homeownership rate (the share of owner-occupied dwellings of all homes). These differences also lead to another problem: the availability of data. Non-Europeans might be surprised to see that house price statistics vary in depth, as every country has their own methodology and no European body exists that tracks this data for the whole continent.

Graph and download economic data for Real Residential Property Prices for Euro area (QXMR628BIS) from Q1 1975 to Q1 2025 about Euro Area, Europe, residential, HPI, housing, real, price index, indexes, and price.

The average for 2021 based on 41 countries was 111.34 index points. The highest value was in Switzerland: 286.09 index points and the lowest value was in Belarus: 52.51 index points. The indicator is available from 2017 to 2021. Below is a chart for all countries where data are available.

Graph and download economic data for Harmonized Index of Consumer Prices: Food for Euro Area (19 Countries) (CP0110EZ19M086NEST) from Dec 1999 to Sep 2025 about Euro Area, harmonized, Europe, food, CPI, price index, indexes, and price.

Producer Prices in European Union decreased to 125.80 points in August from 126.30 points in July of 2025. This dataset provides - European Union Producer Prices - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Online inflation of food products followed the trend of physical stores and showed a significant peak in 2021. In Europe, online food prices went up by **** percent that year, before decreasing to a **** year-over-year percentage change in 2023. By 2025, online prices of food products might increase by *** percent in the European region.

Graph and download economic data for Harmonized Index of Consumer Prices: Coffee, Tea and Cocoa for European Union (28 Countries) (CP0121EU28M086NEST) from Dec 2000 to Jan 2020 about tea, cocoa, coffee, EU, harmonized, Europe, CPI, price index, indexes, and price.

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.

The average for 2021 based on 41 countries was 107.06 index points. The highest value was in Switzerland: 156.92 index points and the lowest value was in Ukraine: 55 index points. The indicator is available from 2017 to 2021. Below is a chart for all countries where data are available.

Graph and download economic data for Harmonized Index of Consumer Prices: Pharmaceutical Products for European Union (CP0611EUCCM086NEST) from Dec 1999 to Sep 2025 about pharmaceuticals, EU, harmonized, Europe, production, CPI, price index, indexes, and price.

The average for 2019 based on 43 countries was 3.38 percent of per capita GNI. The highest value was in Italy: 13.8 percent of per capita GNI and the lowest value was in Slovenia: 0 percent of per capita GNI. The indicator is available from 2003 to 2019. Below is a chart for all countries where data are available.

The average for 2021 based on 27 countries was 152.07 index points. The highest value was in Luxembourg: 190.32 index points and the lowest value was in Romania: 94.31 index points. The indicator is available from 2017 to 2021. Below is a chart for all countries where data are available.

View monthly updates and historical trends for European Union Consumer Price Index: Transport. Source: Eurostat. Track economic data with YCharts analytic…

View monthly updates and historical trends for European Union Consumer Price Index: Food. Source: Eurostat. Track economic data with YCharts analytics.

View monthly updates and historical trends for European Union Natural Gas Import Price. Source: World Bank. Track economic data with YCharts analytics.

The average for 2021 based on 41 countries was 111.6 index points. The highest value was in Luxembourg: 422.59 index points and the lowest value was in Turkey: 10.85 index points. The indicator is available from 2017 to 2021. Below is a chart for all countries where data are available.

Housing Index In the Euro Area increased to 152.79 points in the second quarter of 2025 from 150.25 points in the first quarter of 2025. This dataset provides the latest reported value for - Euro Area House Price Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

View monthly updates and historical trends for European Union Consumer Price Index: Clothing and Footwear. Source: Eurostat. Track economic data with YCha…

European Union - Producer prices in industry: Manufacture of products of wood, cork, straw and plaiting materials was 117.30 points in July of 2025, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for European Union - Producer prices in industry: Manufacture of products of wood, cork, straw and plaiting materials - last updated from the EUROSTAT on September of 2025. Historically, European Union - Producer prices in industry: Manufacture of products of wood, cork, straw and plaiting materials reached a record high of 123.60 points in September of 2022 and a record low of 79.00 points in January of 2010.

The average monthly price for natural gas in the United States amounted to **** nominal U.S. dollars per million British thermal units (Btu) in July 2025. By contrast, natural gas prices in Europe were about three times higher than those in the U.S. Prices in Europe tend to be notably higher than those in the U.S. as the latter benefits from being a major hydrocarbon producer. Europe's import reliance European prices for natural gas rose most notable throughout the second half of 2021 and much of 2022, peaking at over ** U.S. dollars per million Btu in August 2022. The sharp rise was due to supply chain issues and economic strain following the COVID-19 pandemic, which was further exacerbated by Russia’s invasion of Ukraine in early 2022. As a result of the war, many countries began looking for alternative sources, and Russian pipeline gas imports to the European Union declined as a result. Meanwhile, LNG was a great beneficiary, with LNG demand in Europe rising by more than ** percent between 2021 and 2023. How domestic natural gas production shapes prices As intimated, the United States’ position among the leaders of worldwide natural gas production is one of the main reasons for why prices for this commodity are so low across the country. In 2024, the U.S. produced more than ************ cubic meters of natural gas, which allays domestic demand and allows for far lower purchasing prices.