Graph and download economic data for Real Residential Property Prices for Luxembourg (QLUR368BIS) from Q1 2008 to Q1 2025 about Luxembourg, residential, housing, real, and price.

Housing Index in Luxembourg increased to 169.80 points in the second quarter of 2025 from 162.54 points in the first quarter of 2025. This dataset provides - Luxembourg House Price Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

This survey shows the share of respondents who expect housing prices to rise in the Benelux countries from 2014 to 2016*. Of the Benelux countries, Luxembourg has the most respondents expecting that housing prices will rise over the next 12 months.

Residential Property Prices in Luxembourg increased 0.87 percent in March of 2025 over the same month in the previous year. This dataset includes a chart with historical data for Luxembourg Residential Property Prices.

Companies operating in the third-party real estate industry have had to navigate numerous economic headwinds in recent years, notably rising interest rates, spiralling inflation and muted economic growth. Revenue is projected to sink at a compound annual rate of 0.6% over the five years through 2025, including an estimated jump of 1.2% in 2025 to €207.6 billion, while the average industry profit margin is forecast to reach 35.1%. Amid spiralling inflation, central banks across Europe ratcheted up interest rates, resulting in borrowing costs skyrocketing over the two years through 2023. In residential markets, elevated mortgage rates combined with tightening credit conditions eventually ate into demand, inciting a drop in house prices. Rental markets performed well when house prices were elevated (2021-2023), being the cheaper alternative for cash-strapped buyers. However, even lessors felt the pinch of rising mortgage rates, forcing them to hoist rent prices to cover costs and pricing out potential buyers. This led to a slowdown in rental markets in 2023, weighing on revenue growth. However, this has started to turn around in 2025 as interest rates have been falling across Europe in the two years through 2025, reducing borrowing costs for buyers and boosting property transactions. This has helped revenue to rebound slightly in 2025 as estate agents earn commission from property transactions. Revenue is forecast to swell at a compound annual rate of 3.7% over the five years through 2030 to €249.5 billion. Housing prices are recovering in 2025 as fixed-rate mortgages begin to drop and economic uncertainty subsides, aiding revenue growth in the short term. Over the coming years, PropTech—technology-driven innovations designed to improve and streamline the real estate industry—will force estate agents to adapt, shaking up the traditional real estate sector. A notable application of PropTech is the use of AI and data analytics to predict a home’s future value and speed up the process of retrofitting properties to become more sustainable.

House Price Index YoY in Luxembourg increased to 4.60 percent in the second quarter of 2025 from 1 percent in the first quarter of 2025. This dataset includes a chart with historical data for Luxembourg House Price Index YoY.

In 2023, the rental price index in Luxembourg increased by *** index points year-on-year. The index measures the development of the average rent paid by households, with 2015 used as a baseline year and an index value of 100. These figures are seasonally adjusted, which means that the effect of seasonal variations was eliminated from the data. In 2023, the rent price index reached ***** index points, suggesting an increase of ** percent since 2015.

This statistic shows the average asking price of houses and apartments in Luxembourg from the first quarter of 2013 to the third quarter of 2017 (in euros). As of the third quarter of 2017, the price of a house was estimated at approximately ****** euros or ***** euros per square meter.

In recent years, the housing market of the Grand Duchy of Luxembourg was affected by two developments: an increasing population due to the arrival of new residents from foreign countries and new dwellings not matching up to the population increase. As such, prices of residential property have increased.

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

The Direct Real Estate Activities industry have come up against numerous headwinds in recent years, ranging from the COVID-19 outbreak in 2020 to the high base rate environment in the years since, which has inflated borrowing costs for potential buyers. This is a sharp contrast to the ultra-low interest environment seen over the decade following the 2008 financial crisis. Still, revenue is forecast to edge upwards at a compound annual rate of 0.6% over the five years through 2025 to €622.9 billion, including an anticipated rise of 0.8% in 2025. Despite weak revenue growth, profitability remains strong, with the average industry profit margin standing at an estimated 18.9% in 2025. Central banks across Europe adopted aggressive monetary policy in the two years through 2023 in an effort to curb spiralling inflation. This ratcheted up borrowing costs and hit the real estate sector. In the residential property market, mortgage rates picked up and hit housing transaction levels. However, the level of mortgage rate hikes has varied across Europe, with the UK experiencing the largest rise, meaning the dent to UK real estate demand was more pronounced. Commercial real estate has also struggled due to inflationary pressures, supply chain disruptions and rising rates. Alongside this, the market’s stock of office space isn’t able to satisfy business demand, with companies placing a greater emphasis on high-quality space and environmental impact. Properties in many areas haven't been suitable due to their lack of green credentials. Nevertheless, things are looking up, as interest rates have been falling across Europe over the two years through 2025, reducing borrowing costs and boosting the number of property transactions, which is aiding revenue growth for estate agents. Revenue is slated to grow at a compound annual rate of 4.5% over the five years through 2030 to €777.6 billion. Economic conditions are set to improve in the short term, which will boost consumer and business confidence, ramping up the number of property transactions in both the residential and commercial real estate markets. However, estate agents may look to adjust their offerings to align with the data centre boom to soak up the demand from this market, while also adhering to sustainability commitments.

Real residential property prices Y-on-Y, percent change in Luxembourg, March, 2025 The most recent value is -0.77 percent as of Q1 2025, a decline compared to the previous value of 0.48 percent. Historically, the average for Luxembourg from Q1 2008 to Q1 2025 is 2.71 percent. The minimum of -17.26 percent was recorded in Q3 2023, while the maximum of 16.06 percent was reached in Q4 2020. | TheGlobalEconomy.com

Luxembourg - Housing cost overburden rate: Tenant, rent at market price was 20.00% in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Luxembourg - Housing cost overburden rate: Tenant, rent at market price - last updated from the EUROSTAT on October of 2025. Historically, Luxembourg - Housing cost overburden rate: Tenant, rent at market price reached a record high of 33.00% in December of 2023 and a record low of 13.30% in December of 2009.

View quarterly updates and historical trends for Luxembourg House Price Index. Source: Eurostat. Track economic data with YCharts analytics.

How much is an apartment in Luxembourg? According to calculations based on data from the Publicité Foncière, prices increased for existing apartments (in French: appartements existants) over the last years. Between July 2018 and June 2019, the average selling price was more than ***** euros per square meter. In recent years, the housing market of the Grand Duchy of Luxembourg was affected by two developments: an increasing population due to the arrival of new residents from foreign countries and new dwellings not matching up to the population increase. As such, prices of residential property have increased. House prices in the canton of Luxembourg, which includes both Luxembourg City as well as its outskirts, were higher than in the rest of the country.

The prime yield of office real estate in the country of Luxembourg has increased since 2021. From *** percent in that year, the prime yield rose to five percent by the first quarter of 2024. Yield is a measure of the rate of return, and many different factors such as demand, quality, location, renting time can affect it. Compressing yields are usually a sign of a competitive market.

This statistic shows the answers to a survey question asking what was the main reason that consumers believed they were unable to purchase their first property in Luxembourg in 2018. ** percent of the respondents indicated that their income would be insufficient, citing a belief they did not earn enough to buy a house. The main reason, however, was an expectancy that housing prices will remain high in the Grand Duchy.

Graph and download economic data for Harmonized Index of Consumer Prices: Services Related to Housing for Luxembourg (SERVHOLUM086NEST) from Jan 1996 to Aug 2025 about Luxembourg, harmonized, services, CPI, housing, price index, indexes, and price.

Luxembourg - Severe housing deprivation rate: Tenant, rent at market price was 5.30% in December of 2023, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Luxembourg - Severe housing deprivation rate: Tenant, rent at market price - last updated from the EUROSTAT on September of 2025. Historically, Luxembourg - Severe housing deprivation rate: Tenant, rent at market price reached a record high of 7.80% in December of 2008 and a record low of 4.50% in December of 2011.

This statistic shows the average selling price of an apartment in selected areas in Luxembourg as of 2018 (in euros per square meter). Prices of an apartment in the canton of Luxembourg, which includes both Luxembourg City as well as its outskirts, were higher than in the rest of the country. The price of an existing apartment would reach little over ***** euros per square meter while this was ***** euros per square meter in the North.

In recent years, the housing market of the Grand Duchy of Luxembourg was affected by two developments: an increasing population due to the arrival of new residents from foreign countries and new dwellings not matching up to the population increase. As such, prices of residential property have increased.