Housing Index in Luxembourg increased to 164.23 points in the fourth quarter of 2024 from 162.44 points in the third quarter of 2024. This dataset provides - Luxembourg House Price Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Residential Property Prices for Luxembourg (QLUN628BIS) from Q1 2007 to Q4 2024 about Luxembourg, residential, HPI, housing, price index, indexes, and price.

House Price Index YoY in Luxembourg increased to 1.40 percent in the fourth quarter of 2024 from -1.90 percent in the third quarter of 2024. This dataset includes a chart with historical data for Luxembourg House Price Index YoY.

The house price index in Luxembourg declined for the third quarter in a row in the 1st quarter of 2023. During that period, the index reached 180.6 index points, meaning that the sales price of existing houses had risen by almost 81 percent since 2015 - the index base year. That was also the first time when the index saw a decrease from the year before.

Graph and download economic data for Real Residential Property Prices for Luxembourg (QLUR628BIS) from Q1 2007 to Q4 2024 about Luxembourg, residential, HPI, housing, real, price index, indexes, and price.

Luxembourg - House price index was -1.70% in September of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Luxembourg - House price index - last updated from the EUROSTAT on June of 2025. Historically, Luxembourg - House price index reached a record high of 17.20% in March of 2021 and a record low of -14.50% in December of 2023.

Luxembourg House Price Index: YoY data was reported at 1.400 % in Dec 2024. This records an increase from the previous number of -1.860 % for Sep 2024. Luxembourg House Price Index: YoY data is updated quarterly, averaging 6.701 % from Mar 2015 (Median) to Dec 2024, with 40 observations. The data reached an all-time high of 17.179 % in Mar 2021 and a record low of -14.466 % in Dec 2023. Luxembourg House Price Index: YoY data remains active status in CEIC and is reported by Statistics Portal of Luxembourg. The data is categorized under Global Database’s Luxembourg – Table LU.EB001: House Price Index and Houses Sold.

House price index in Luxembourg, December, 2024 The most recent value is 204.89 index points as of Q4 2024, an increase compared to the previous value of 202.64 index points. Historically, the average for Luxembourg from Q1 2007 to Q4 2024 is 144.09 index points. The minimum of 90.67 index points was recorded in Q1 2007, while the maximum of 239.95 index points was reached in Q3 2022. | TheGlobalEconomy.com

This statistic shows the house price index of existing dwellings in Luxembourg from 2013 to 2018. The index value of 2015 equals to 100 and is the base year used to calculate the index value. Throughout these years, the house price index in Luxembourg continuously rose to its peak in 2018. During the period in consideration, this index varied at 29.6. At the peak year the house index was 120.2.

The apartment price index in Luxembourg declined for the second quarter in a row in the first quarter of 2023. Nevertheless, at 190.2 index points, the price index was 0.8 index points higher than the same quarter in 2022. The index tracks the development of prices, with 2015 chosen as a base year. An index value of 190 means that apartment prices had increased by 90 percent since 2015.

Luxembourg House Price Index: QoQ data was reported at 1.101 % in Dec 2024. This records an increase from the previous number of 0.019 % for Sep 2024. Luxembourg House Price Index: QoQ data is updated quarterly, averaging 1.666 % from Mar 2015 (Median) to Dec 2024, with 40 observations. The data reached an all-time high of 5.076 % in Jun 2019 and a record low of -6.619 % in Sep 2023. Luxembourg House Price Index: QoQ data remains active status in CEIC and is reported by Statistics Portal of Luxembourg. The data is categorized under Global Database’s Luxembourg – Table LU.EB001: House Price Index and Houses Sold.

In the Benelux region, house prices grew the most in Luxembourg between 2005 and the fourth quarter of 2022. In 2022, the house price index (HPI) in Luxembourg measured almost 262 index points compared to 197 index points in Belgium and 173 index points in Netherlands. The HPI measures the development of house prices, with 2005 chosen as a base year with an index value of 100. An index value of 150 at a specific point in time suggests an increase in house prices by 50 percent.

The RHPI measures price changes of single-family properties, adjusted for the impact of inflation. Real values are calculated using the so-called Personal Consumption Expenditure Deflator (PCE). This PCE, so the theory goes, includes expenditures that are not counted in the Consumer Price Index(CPI), such as medical and health care expenses paid by employers and other national health programs. Because the RHPI adjusts for house-buying power, it is also a measure of housing affordability. In the fourth quarter of 2022, housing prices in real terms in Luxembourg reached an index of approximately 187.5 index points.

Luxembourg - House price index, deflated was -3.70% in September of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Luxembourg - House price index, deflated - last updated from the EUROSTAT on June of 2025. Historically, Luxembourg - House price index, deflated reached a record high of 17.40% in March of 2021 and a record low of -17.40% in September of 2023.

This statistic shows the house price index in Luxembourg from the first quarter of 2016 to the second quarter of 2020. In the quarter ending June 2020, the house price index stood at a value of 148.88. This was an increase from the previous year and the highest value in the period of consideration.

Luxembourg House Price Index: Flats: Old data was reported at 113.536 1Q2007=100 in Mar 2013. This records a decrease from the previous number of 115.011 1Q2007=100 for Dec 2012. Luxembourg House Price Index: Flats: Old data is updated quarterly, averaging 102.856 1Q2007=100 from Mar 2007 (Median) to Mar 2013, with 25 observations. The data reached an all-time high of 115.011 1Q2007=100 in Dec 2012 and a record low of 98.168 1Q2007=100 in Jun 2009. Luxembourg House Price Index: Flats: Old data remains active status in CEIC and is reported by The Portal of Statistics of Luxembourg. The data is categorized under Global Database’s Luxembourg – Table LU.EB001: House Price Index and Houses Sold.

Graph and download economic data for Consumer Price Index: Services Less Housing for Luxembourg (LUXCPISXHMINMEI) from Jan 1995 to May 2018 about Luxembourg, services, CPI, housing, price index, indexes, and price.

Portugal, Canada, and the United States were the countries with the highest house price to income ratio in 2024. In all three countries, the index exceeded 130 index points, while the average for all OECD countries stood at 116.2 index points. The index measures the development of housing affordability and is calculated by dividing nominal house price by nominal disposable income per head, with 2015 set as a base year when the index amounted to 100. An index value of 120, for example, would mean that house price growth has outpaced income growth by 20 percent since 2015. How have house prices worldwide changed since the COVID-19 pandemic? House prices started to rise gradually after the global financial crisis (2007–2008), but this trend accelerated with the pandemic. The countries with advanced economies, which usually have mature housing markets, experienced stronger growth than countries with emerging economies. Real house price growth (accounting for inflation) peaked in 2022 and has since lost some of the gain. Although, many countries experienced a decline in house prices, the global house price index shows that property prices in 2023 were still substantially higher than before COVID-19. Renting vs. buying In the past, house prices have grown faster than rents. However, the home affordability has been declining notably, with a direct impact on rental prices. As people struggle to buy a property of their own, they often turn to rental accommodation. This has resulted in a growing demand for rental apartments and soaring rental prices.

Graph and download economic data for Harmonized Index of Consumer Prices: Actual Rentals for Housing for Luxembourg (CP0410LUM086NEST) from Jan 1996 to May 2025 about Luxembourg, harmonized, rent, CPI, housing, price index, indexes, and price.

Key information about House Prices Growth

• Luxembourg house prices dropped 1.7% YoY in Sep 2024, following a decrease of 8.4% YoY in the previous quarter.
• YoY growth data is updated quarterly, available from Mar 2008 to Sep 2024, with an average growth rate of 5.4%.
• House price data reached an all-time high of 17.2% in Mar 2021 and a record low of -14.5% in Dec 2023.

CEIC calculates House Prices Growth from quarterly House Price Index. The Statistics Portal of Luxembourg provides House Price Index with base 2015=100. House Price Index covers purchase prices of apartments only. House Prices Growth prior to Q1 2010 is with base 2010=100.