In 2025, 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 second quarter of 2025, showing an increase in real terms of *** percent since 2010, the baseline year for the index. Iceland and Hungary 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.

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.

This dataset gives the house prices of 50 European cities, plus other features (like local GDP per capita, population density, ...). This can be used either for data analysis or for linear regression.

Discover the latest trends in the booming €1.95 trillion European residential real estate market. Explore growth forecasts (CAGR 4.5%), key drivers, regional breakdowns (UK, Germany, France), leading companies, and market challenges until 2033. Recent developments include: November 2023: DoorFeed, a Proptech company, raised EUR 12 million (USD 13.24 million) in seed funding, led by Motive Ventures and Stride and supported by renowned investors, including Seedcamp. Founded by veteran proptech entrepreneur and ex-Uber employee James Kirimi, DoorFeed aims to be the first choice for institutional investors seeking to invest in residential real estate. The company is looking to expand its footprint across Europe, with a focus on Spain, Germany, and the United Kingdom., October 2023: H.I.G, a global alternative investment firm with over USD 59 billion in assets under management, invested in the real estate development company, The Grounds Real Estate Development AG (“the Transaction”), which is listed on the alternative stock exchange. The proceeds of the transaction are expected to be utilized to fund the capital expenditures of the current projects of The Grounds. The Grounds, based in Berlin, specializes in the acquisition and development of German residential properties located in large metropolitan areas. In the transaction, the major shareholders of The Grounds, which currently hold 73% of the company’s shares, have agreed to grant H. I.G. the right to share in future rights issues.. Key drivers for this market are: Increasing Developments in the Residential Segment, Investments in the Senior Living Units. Potential restraints include: Limited Availability of Land Hindering the Market. Notable trends are: Student Housing to Gain Traction.

Key information about House Prices Growth

• EU house prices grew 5.4% YoY in Jun 2025, following an increase of 5.7% YoY in the previous quarter.
• YoY growth data is updated quarterly, available from Mar 2006 to Jun 2025, with an average growth rate of 2.6%.
• House price data reached an all-time high of 11.2% in Dec 2006 and a record low of -4.8% in Jun 2009.

Data description

The House Price Index (HPI) measures inflation in the residential property market. The HPI captures price changes of all types of dwellings purchased by households (flats, detached houses, terraced houses, etc.). Only transacted dwellings are considered, self-build dwellings are excluded. The land component of the dwelling is included.

The HPI is available for all European Union Member States (except Greece), the United Kingdom (only until the third quarter of 2020), Iceland, Norway, Switzerland and Turkey. In addition to the individual country series, Eurostat produces indices for the euro area and for the European Union (EU). As from the first quarter of 2020 onwards, the EU HPI aggregate no longer includes the HPI from the United Kingdom.

The national HPIs are produced by National Statistical Offices (NSIs) and the European aggregates by Eurostat, by combining the national indices. The data released quarterly on Eurostat's website include the national and European price indices, weights and their rates of change.

In order to provide a more comprehensive picture of the housing market, house sales indicators are also provided. Available house sales indicators refer to the total number and value of dwellings transactions at national level where the purchaser is a household. Eurostat publishes in its database a quarterly and annual house sales index as well as quarterly and annual rates of change.

Statistical concepts and definitions

The HPI is based on market prices of dwellings. Non-marketed prices are ruled out from the scope of this indicator. Self-build dwellings, dwellings purchased by sitting tenants at discount prices or dwellings transacted between family members are out of the scope of the indicator. It covers all monetary dwelling transactions regardless of its type (e.g., carried out through a cash purchase or financed through a mortgage loan).

The HPI measures the price developments of all dwellings purchased by households, regardless of which institutional sector they were bought from and the purpose of the purchase. As such, a dwelling bought by a household for a purpose other than owner-occupancy (e.g., for being rented out) is within the scope of the indicator. The HPI includes all purchases of new and existing dwellings, including those of dwellings transacted between households.

The number and value of house sales cover the total annual value of dwellings transactions at national level where the purchaser is a household. Transactions between households are included. Transfers in dwellings due to donations and inheritances are excluded.

The house sales value reflect the prices paid by household buyers and include both the price of land and the price of the structure of the dwelling. The prices for new dwellings include VAT. Other costs related to the acquisition of the dwelling (e.g., notary fees, registration fees, real estate agency commission, bank fees) are excluded.

Statistical unit

Each published index or rate of change refers to transacted dwellings purchased at market prices by the household sector in the corresponding geographical entity. All transacted dwellings are covered, regardless of which institutional sector they were bought from and of the purchase purpose.

more: https://ec.europa.eu/eurostat/cache/metadata/en/prc_hpi_inx_esms.htm

Graph and download economic data for Residential Property Prices for Euro area (QXMN628BIS) from Q1 1975 to Q2 2025 about Euro Area, Europe, residential, HPI, housing, price index, indexes, and price.

In 2023, the Europe Real Estate Market reached a value of USD 3181.6 million, and it is projected to surge to USD 4350.0 m.illion by 2030.

The average bid price of new housing in Europe was the highest in Luxembourg, at 8,760 euros per square meter. Since there is no central body that collects and tracks transaction activity or house prices across the whole continent or the European Union, only bid prices were considered. House prices have been soaring, with Sweden topping the ranking Considering the RHPI of houses in Europe (the price index in real terms, which measures price changes of single-family properties adjusted for the impact of inflation), however, the picture changes. Sweden, Luxembourg and Norway top this ranking, meaning residential property prices have surged the most in these countries. Real values were calculated using the so-called Personal Consumption Expenditure Deflator (PCE), This PCE uses both consumer prices as well as consumer expenditures, like medical and health care expenses paid by employers. It is meant to show how expensive housing is compared to the way of living in a country. Home ownership highest in Eastern Europe The home ownership rate in Europe varied from country to country. In 2020, roughly half of all homes in Germany were owner-occupied whereas home ownership was at nearly ** percent in Romania or around ** percent in Slovakia and Lithuania. These numbers were considerably higher than in France or Italy, where homeowners made up ** percent and ** percent of their respective populations.For more information on the topic of property in Europe, visit the following pages as a starting point for your research: real estate investments in Europe and residential real estate in Europe.

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

The Europe Residential Real Estate Market is Segmented by Property Type (Apartments & Condominiums and Villas & Landed Houses), Price Band (Affordable, Mid-Market and Luxury), Mode of Sale (Primary and Secondary), Business Model (Sales and Rental) and Country (Germany, United Kingdom, France, Spain, Italy, Netherlands, Sweden, Denmark, Norway and Rest of Europe). The Market Forecasts are Provided in Terms of Value (USD).

Discover the booming European residential real estate market! This in-depth analysis reveals a €1.95 trillion market projected for 4.50% CAGR growth (2025-2033), driven by urbanization, rising incomes, and government initiatives. Explore market trends, key players (Elm Group, Places for People, etc.), and regional insights (UK, Germany, France). Recent developments include: November 2023: DoorFeed, a Proptech company, raised EUR 12 million (USD 13.24 million) in seed funding, led by Motive Ventures and Stride and supported by renowned investors, including Seedcamp. Founded by veteran proptech entrepreneur and ex-Uber employee James Kirimi, DoorFeed aims to be the first choice for institutional investors seeking to invest in residential real estate. The company is looking to expand its footprint across Europe, with a focus on Spain, Germany, and the United Kingdom., October 2023: H.I.G, a global alternative investment firm with over USD 59 billion in assets under management, invested in the real estate development company, The Grounds Real Estate Development AG (“the Transaction”), which is listed on the alternative stock exchange. The proceeds of the transaction are expected to be utilized to fund the capital expenditures of the current projects of The Grounds. The Grounds, based in Berlin, specializes in the acquisition and development of German residential properties located in large metropolitan areas. In the transaction, the major shareholders of The Grounds, which currently hold 73% of the company’s shares, have agreed to grant H. I.G. the right to share in future rights issues.. Key drivers for this market are: Increasing Developments in the Residential Segment, Investments in the Senior Living Units. Potential restraints include: Increasing Developments in the Residential Segment, Investments in the Senior Living Units. Notable trends are: Student Housing to Gain Traction.

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.

Purpose and brief description The house price index measures the inflation in the residential property market. The house price index reflects price developments for all residential properties purchased by households (apartments, terraced houses, detached houses), regardless of whether they are new or existing. Only market prices are taken into account, so self-build homes are excluded. The price of the land is included in the price of the properties. Population Real estate transactions involving residential properties Periodicity Quarterly. Release calendar Results available 3 months after the reference period Definitions House price index: The house price index measures changes in the prices of new or existing dwellings, regardless of their use or previous owner. Inflation - house price index: Inflation is defined as the ratio between the value of a given quarter and that of the same quarter of the previous year. Weighting - house price index: Weighting based on the national accounts (gross fixed capital formation in housing) and the total number of real estate transactions involving residential properties. Type of dwelling according to the classification set out in Regulation (EU) No 93/2013 on housing price indices. Technical information The house price index measures the price evolution of real estate prices on the market of private property. The index follows price changes of new or existing residential real estate purchased by households, irrespective of their purpose (letting or owner-occupying). Only market prices are taken into account. Houses built by their owners are therefore not included. The price of the building plot is included in the house price. The house price index is based on real estate transaction data from the General Administration of the Patrimonial Documentation of the FPS Finances. The prices used are those included in the deeds of sale. Given the time between the date on which the preliminary sales agreement is signed and the date on which the deed is executed (between three and four months), this index measures the price evolution with a delay compared to the actual date on which the sales price is set. This delay is inherent to the data source. The house price index is calculated by the European Union Member States, Norway and Iceland. Eurostat calculates the index for the Euro area (as well as for the European Union as a whole) using the harmonised indices of the Member States. Given the role of the housing market in the economic and financial crisis of 2008, the house price index was included in the indicators used in the procedure to prevent and correct macroeconomic imbalances in the European Union. The house price index is calculated under the European Regulation 2016/792 on harmonised indices of consumer prices and the house price index and 2023/1470 laying down the methodological and technical specifications as regards the house price index and the owner-occupied housing price index. Data are available from 2005 onward for Belgium as well as for the European Union and the majority of European countries. The house price index can be broken down by new houses and existing houses. The weights of these two items in the overall index are determined by the gross fixed capital formation in houses (for the new houses) and the total value of transactions of the previous year (for the existing houses). Until 2013, the house price index of new houses was roughly estimated based on the output price index in the construction sector. Since 2014, it is also based on real estate transaction data. House price index for existing houses is available per region since 2010. The data have therefore been completely reviewed when the results for the fourth quarter of 2023 were published in March 2024. Since the houses that are put up for sale differ from one quarter to another, the changes in characteristics are processed with hedonic regression models to eliminate price fluctuations due to changes in characteristics of the properties sold. These models aim to estimate the theoretical price based on the characteristics and location of the houses sold. The index is then calculated based on changes in the average prices observed and adjusted by a factor depending on the differences in quality observed between dwellings sold during the different periods.

London maintains its dominance in European real estate with the highest prospect score of 2.66 for 2026, significantly ahead of Madrid and Paris, which scored 2.22 and 2.04, respectively. This ranking reflects a comprehensive assessment of factors that real estate investors consider crucial, including market size, economic performance, and connectivity. The gap between London and other major cities highlights its resilience despite Brexit concerns and points to continued investor confidence in the British capital's property market fundamentals. Key factors driving city rankings Market size, liquidity, and economic performance emerge as the most critical factors determining a city's investment attractiveness for 2026. London's top position is reinforced by its established market infrastructure and global connectivity, while Madrid and Paris benefit from strong economic forecasts. However, investors face mounting challenges that could impact these markets, with construction costs, capital expenditure requirements, and increasing environmental sustainability regulations cited as major concerns. Industry experts note that these factors could particularly affect development-heavy investments in emerging European markets. (1062070, 376877) Sectoral growth opportunities Data centers represent the most promising real estate investment sector in Europe for 2026, with London, Frankfurt, and Dublin emerging as primary destinations due to their growing data center capacity. New energy infrastructure and student housing follow closely as high-potential sectors. This trend reflects the broader shift toward technology-driven and specialized real estate assets. While traditional suburban offices face diminishing prospects, cities with strong digital infrastructure like London and Frankfurt are positioned to capitalize on the demand for data-focused real estate developments, potentially strengthening their overall market position in the coming years.

Residential Property Prices In the Euro Area increased 5.37 percent in March of 2025 over the same month in the previous year. This dataset includes a chart with historical data for Euro Area Residential Property Prices.

Europe Housing Market, Europe Housing Market Size, Europe Housing Market Trends, Europe Housing Market Forecast, Europe Housing Market Risks, Europe Housing Market Report, Europe Housing Market Share

The Europe Luxury Residential Real Estate Market Report is Segmented by Business Model (Sales, Rental), by Property Type (Apartments & Condominiums, Villas & Landed Houses), by Mode of Sale (Primary (New-Build), Secondary (Existing-Home Resale)), and by Country (United Kingdom, Germany, France, Italy, Spain, Rest of Europe). The Market Forecasts are Provided in Terms of Value (USD).

In Europe Prefabricated Housing Market is projected to grow from USD 21.5 billion in 2025 to USD 38.6 billion by 2031, at a CAGR of 10.1%

Discover the latest trends and insights into the booming European commercial real estate market. Projected to reach $2 trillion by 2033, this report analyzes market size, CAGR, key drivers, and regional variations, featuring top players like Blackstone and Hines. Explore the opportunities and challenges across office, retail, industrial, and other sectors. Recent developments include: December 2023: Blackstone, the world’s largest commercial real estate owner, announced plans to grow its footprint in Europe, with an emphasis on data centers, warehouses, and student accommodation. Blackstone’s London office locations are more flexible than those of WeWork due to its majority ownership of The Office Group, which partnered with Fora (part of its parent brand). The Office Group has more than 70 offices, with 61 in Central London.December 2023: MEININGER, the world’s largest hotel operator, announced plans to expand into Edinburgh after signing an agreement with property development firm S Harrison to turn a 1970s office block in the city’s Haymarket into a beautiful new hotel. S Harrison, based in York, purchased Osborne House in late 2018 and has since worked with Edinburgh’s Comprehensive Design Architects to develop the building’s transformational plans. The new hotel is expected to have a total of 157 bedrooms and include a ground-floor bar and lounge.. Key drivers for this market are: Increasing immigration driving the market, Increase in supply of commercial properties driving the market. Potential restraints include: Increasing immigration driving the market, Increase in supply of commercial properties driving the market. Notable trends are: The Retail Segment is Experiencing Lucrative Growth.