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.

Graph and download economic data for Real Residential Property Prices for Luxembourg (QLUR628BIS) from Q1 2007 to Q1 2025 about Luxembourg, residential, HPI, housing, real, 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.

This statistic illustrates the take-up of office real estate in Luxembourg City from 2013 to 2020. It can be seen that between the years of 2019 and 2020, take-up decreased by approximately 35 thousand square meters to a total of 225 thousand square meters in 2020.

The value of investment into office real estate in Luxembourg peaked in 2018 at 1.8 billion euros, followed by a general decrease in the following years. In 2023, about 500 million euros had been invested into office real estate in 2023. The office sector was badly affected by the coronavirus (COVID-19) pandemic in 2020.

This statistic shows the prime yield of office property in Luxembourg from 2014 to 1st half of 2020. In 2014, the prime yield of office space reached a value of approximately 5.5 percent. By 2018, this had decreased to four percent.

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.

This statistic illustrates the vacancy rate for office real estate in Luxembourg City from the fourth quarter of 2013 to the fourth quarter of 2019. It can be seen that between 2013 and 2019 the vacancy rate fluctuated to 3.6 percent as of the fourth quarter of 2019.

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.

The Luxembourg Facility Management (FM) market exhibits robust growth, driven by a burgeoning commercial sector, increasing infrastructural development, and a rising demand for efficient and sustainable building operations. The market size, estimated at €150 million in 2025, is projected to experience a Compound Annual Growth Rate (CAGR) exceeding 2.50% through 2033. This growth is fueled by several key factors. Firstly, the continuous expansion of Luxembourg's financial and technological sectors necessitates sophisticated FM solutions to manage their complex real estate portfolios. Secondly, a growing emphasis on sustainability and energy efficiency is driving demand for integrated FM services that optimize building performance and minimize environmental impact. Thirdly, the increasing complexity of building management systems and the need for specialized expertise are encouraging businesses to outsource FM services to specialized providers, boosting the outsourced FM segment's growth. The market is segmented by facility management type (in-house, outsourced – single, bundled, integrated), offering type (hard FM, soft FM), and end-user (commercial, institutional, public/infrastructure, industrial, others). While in-house FM remains prevalent among large organizations, the outsourced segment, particularly bundled and integrated FM, is experiencing significant growth due to its cost-effectiveness and comprehensive service offerings. Leading players in the Luxembourg FM market include CBRE Luxembourg, ISS Luxembourg, Cushman & Wakefield, G4S Luxembourg, and others. These companies are actively investing in innovative technologies and expanding their service portfolios to cater to evolving client needs. The competitive landscape is characterized by both local and international players, creating a dynamic market environment. However, potential restraints include fluctuations in the economy and the availability of skilled labor, which may impact market growth in the coming years. Despite these challenges, the Luxembourg FM market is expected to maintain its positive trajectory, driven by sustained economic growth, infrastructural developments, and increasing demand for sophisticated FM solutions. The continued adoption of smart building technologies and sustainability initiatives will further propel market expansion throughout the forecast period. Recent developments include: December 2021: Cushman & Wakefield advised VISTRA Luxembourg in its relocation process in the Quatuor Building in the Cloche d'Or district. The company decided to collaborate with Cushman & Wakefield to define its real estate strategy, consolidate its activities under one single rooftop and offer new modern premises to attract and retain its talents.. Key drivers for this market are: Growing Trend Toward Commoditization of FM, Renewed Emphasis on Workplace Optimization and Productivity. Potential restraints include: Growing Trend Toward Commoditization of FM, Renewed Emphasis on Workplace Optimization and Productivity. Notable trends are: IoT Allows Facility Management Teams to Drive for Efficiency, Sustainability, and Cost Savings.

Luxembourg LU: Foreign Direct Investment Position: Inward: Total: Real Estate Activities data was reported at 1,238.000 EUR mn in 2023. This records an increase from the previous number of 1,222.000 EUR mn for 2022. Luxembourg LU: Foreign Direct Investment Position: Inward: Total: Real Estate Activities data is updated yearly, averaging 164.500 EUR mn from Dec 2012 (Median) to 2023, with 12 observations. The data reached an all-time high of 1,344.000 EUR mn in 2014 and a record low of 9.000 EUR mn in 2015. Luxembourg LU: Foreign Direct Investment Position: Inward: Total: Real Estate Activities data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Luxembourg – Table LU.OECD.FDI: Foreign Direct Investment Position: by Industry: OECD Member: Annual. Reverse investment: Netting of reverse investment in equity (when a direct investment enterprise acquires less than 10% equity ownership in its parent) and reverse investment in debt (when a direct investment enterprise extends a loan to its parent) is applied in the recording of total inward and outward FDI transactions and positions. Treatment of debt FDI transactions and positions between fellow enterprises: directional basis according to the residency of the ultimate controlling parent (extended directional principle). FDI transactions and positions by partner country and/or by industry are available excluding and including resident Special Purpose Entities (SPEs). The dataset 'FDI statistics by parner country and by industry - Summary' contains series including resident SPEs only. Valuation method used for listed inward and outward equity positions: Market value. Valuation method used for unlisted inward and outward equity positions: Own funds at book value. Valuation method used for inward and outward debt positions: Market value, Nominal value.; FDI statistics are available by geographic allocation, vis-à-vis single partner countries worldwide and geographical and economic zones aggregates. Partner country allocation can be subject to confidentiality restrictions. Geographic allocation of inward and outward FDI transactions and positions is according to the immediate counterparty. Intercompany debt between related financial intermediaries, including permanent debt, are excluded from FDI transactions and positions. Direct investment relationships are identified according to the criteria of the Framework for Direct Investment Relationships (FDIR) method. Debt between fellow enterprises are completely covered. Collective investment institutions are not covered as direct investment enterprises. FDI statistics are available by industry sectors according to ISIC4 classification. Industry sector allocation can be subject to confidentiality restrictions. Inward FDI transactions and positions are allocated to the activity of the resident direct investment enterprise. Outward FDI transactions and positions are allocated according to the activity of the resident direct investor. Statistical unit: Enterprise.

This statistic shows the total take-up of office space in Luxembourg from 2014 to 2018 (in thousand square meters of lettable floor area). In 2014, approximately 195,000 square meters of office real estate was taken up in Luxembourg. By 2018, this had increased to 245,000 square meters.

Luxembourg LU: Foreign Direct Investment Position: Outward: USD: Total: Real Estate Activities data was reported at 8.510 USD bn in 2023. This records an increase from the previous number of 8.215 USD bn for 2022. Luxembourg LU: Foreign Direct Investment Position: Outward: USD: Total: Real Estate Activities data is updated yearly, averaging 9.581 USD bn from Dec 2012 (Median) to 2023, with 12 observations. The data reached an all-time high of 12.733 USD bn in 2015 and a record low of 8.067 USD bn in 2012. Luxembourg LU: Foreign Direct Investment Position: Outward: USD: Total: Real Estate Activities data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Luxembourg – Table LU.OECD.FDI: Foreign Direct Investment Position: USD: by Industry: OECD Member: Annual. Reverse investment: Netting of reverse investment in equity (when a direct investment enterprise acquires less than 10% equity ownership in its parent) and reverse investment in debt (when a direct investment enterprise extends a loan to its parent) is applied in the recording of total inward and outward FDI transactions and positions. Treatment of debt FDI transactions and positions between fellow enterprises: directional basis according to the residency of the ultimate controlling parent (extended directional principle). FDI transactions and positions by partner country and/or by industry are available excluding and including resident Special Purpose Entities (SPEs). The dataset 'FDI statistics by parner country and by industry - Summary' contains series including resident SPEs only. Valuation method used for listed inward and outward equity positions: Market value. Valuation method used for unlisted inward and outward equity positions: Own funds at book value. Valuation method used for inward and outward debt positions: Market value, Nominal value.; FDI statistics are available by geographic allocation, vis-à-vis single partner countries worldwide and geographical and economic zones aggregates. Partner country allocation can be subject to confidentiality restrictions. Geographic allocation of inward and outward FDI transactions and positions is according to the immediate counterparty. Intercompany debt between related financial intermediaries, including permanent debt, are excluded from FDI transactions and positions. Direct investment relationships are identified according to the criteria of the Framework for Direct Investment Relationships (FDIR) method. Debt between fellow enterprises are completely covered. Collective investment institutions are not covered as direct investment enterprises. FDI statistics are available by industry sectors according to ISIC4 classification. Industry sector allocation can be subject to confidentiality restrictions. Inward FDI transactions and positions are allocated to the activity of the resident direct investment enterprise. Outward FDI transactions and positions are allocated according to the activity of the resident direct investor. Statistical unit: Enterprise.

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.

Luxembourg LU: Foreign Direct Investment Income: Outward: Total: Real Estate Activities data was reported at 175.000 EUR mn in 2023. This records an increase from the previous number of 171.000 EUR mn for 2022. Luxembourg LU: Foreign Direct Investment Income: Outward: Total: Real Estate Activities data is updated yearly, averaging 175.000 EUR mn from Dec 2012 (Median) to 2023, with 11 observations. The data reached an all-time high of 645.000 EUR mn in 2016 and a record low of -56.000 EUR mn in 2012. Luxembourg LU: Foreign Direct Investment Income: Outward: Total: Real Estate Activities data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Luxembourg – Table LU.OECD.FDI: Foreign Direct Investment Income: by Industry: OECD Member: Annual. Reverse investment: Netting of reverse investment in equity (when a direct investment enterprise acquires less than 10% equity ownership in its parent) and reverse investment in debt (when a direct investment enterprise extends a loan to its parent) is applied in the recording of total inward and outward FDI transactions and positions. Treatment of debt FDI transactions and positions between fellow enterprises: directional basis according to the residency of the ultimate controlling parent (extended directional principle). FDI transactions and positions by partner country and/or by industry are available excluding and including resident Special Purpose Entities (SPEs). The dataset 'FDI statistics by parner country and by industry - Summary' contains series including resident SPEs only. Valuation method used for listed inward and outward equity positions: Market value. Valuation method used for unlisted inward and outward equity positions: Own funds at book value. Valuation method used for inward and outward debt positions: Market value, Nominal value.; FDI statistics are available by geographic allocation, vis-à-vis single partner countries worldwide and geographical and economic zones aggregates. Partner country allocation can be subject to confidentiality restrictions. Geographic allocation of inward and outward FDI transactions and positions is according to the immediate counterparty. Intercompany debt between related financial intermediaries, including permanent debt, are excluded from FDI transactions and positions. Direct investment relationships are identified according to the criteria of the Framework for Direct Investment Relationships (FDIR) method. Debt between fellow enterprises are completely covered. Collective investment institutions are not covered as direct investment enterprises. FDI statistics are available by industry sectors according to ISIC4 classification. Industry sector allocation can be subject to confidentiality restrictions. Inward FDI transactions and positions are allocated to the activity of the resident direct investment enterprise. Outward FDI transactions and positions are allocated according to the activity of the resident direct investor. Statistical unit: Enterprise.

This statistic shows the total stock of office space in Luxembourg from 2014 to the first half of 2020 (in million square meters of lettable floor area). In 2014, the total office stock in Luxembourg was approximately 3.5 million square meters. By the first half of 2020, this had increased to roughly 4.3 million square meters.

Revenue is forecast to contract at a compound annual rate of 2% over the five years through 2025 to €44.7 billion. This is mostly the result of COVID-19 restrictions dampening downstream demand in 2020. While 2021 saw some recovery, poor economic conditions since 2022 have stifled any significant recovery, continuing to weigh on the industry’s revenue performance. In 2025, revenue is slated to dip by 1.1% owing to the cooling housing market, despite significant investment in civil engineering projects across Europe. Despite public funding and support for new residential properties, a weaker housing market has limited stone and aggregates demand from property developers. This is primarily the result of persistently high interest rates, inhibiting borrowing and investing. Another key factor is the decline in cement and concrete manufacturing (two key downstream markets) in Europe since 2021, according to CEMBUREAU, owing to construction companies moving towards lower embedded CO2 construction materials. Still, revenue has been propped up by growing demand from non-construction markets, like glass manufacturers, fertiliser manufacturers and other industrial and building-environment solutions applications (like sand and gravel being used to prevent coastline erosion) Over the five years through 2030, revenue is forecast to grow at a compound annual rate of 2.5%, to €50.7 billion. Economic conditions are likely to remain fairly weak in the short to medium term as inflation remains above the universal 2% target. The elevated rate of inflation will ensure central banks delay any reductions in the base rate, keeping the cost of borrowing high for would-be home buyers. Weaker demand for houses will contribute to weak price performance and disincentivise developers from increasing production, weighing on activity levels in the construction sector. However, pockets of opportunity will remain in alternative uses of stone, clay, gravel and sand.

Luxembourg LU: Foreign Direct Investment Financial Flows: Inward: Total: Real Estate Activities data was reported at 0.000 EUR mn in 2023. This stayed constant from the previous number of 0.000 EUR mn for 2022. Luxembourg LU: Foreign Direct Investment Financial Flows: Inward: Total: Real Estate Activities data is updated yearly, averaging 0.000 EUR mn from Dec 2013 (Median) to 2023, with 11 observations. The data reached an all-time high of 928.000 EUR mn in 2013 and a record low of -525.000 EUR mn in 2017. Luxembourg LU: Foreign Direct Investment Financial Flows: Inward: Total: Real Estate Activities data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Luxembourg – Table LU.OECD.FDI: Foreign Direct Investment Financial Flows: by Industry: OECD Member: Annual. Reverse investment: Netting of reverse investment in equity (when a direct investment enterprise acquires less than 10% equity ownership in its parent) and reverse investment in debt (when a direct investment enterprise extends a loan to its parent) is applied in the recording of total inward and outward FDI transactions and positions. Treatment of debt FDI transactions and positions between fellow enterprises: directional basis according to the residency of the ultimate controlling parent (extended directional principle). FDI transactions and positions by partner country and/or by industry are available excluding and including resident Special Purpose Entities (SPEs). The dataset 'FDI statistics by parner country and by industry - Summary' contains series including resident SPEs only. Valuation method used for listed inward and outward equity positions: Market value. Valuation method used for unlisted inward and outward equity positions: Own funds at book value. Valuation method used for inward and outward debt positions: Market value, Nominal value.; FDI statistics are available by geographic allocation, vis-à-vis single partner countries worldwide and geographical and economic zones aggregates. Partner country allocation can be subject to confidentiality restrictions. Geographic allocation of inward and outward FDI transactions and positions is according to the immediate counterparty. Intercompany debt between related financial intermediaries, including permanent debt, are excluded from FDI transactions and positions. Direct investment relationships are identified according to the criteria of the Framework for Direct Investment Relationships (FDIR) method. Debt between fellow enterprises are completely covered. Collective investment institutions are not covered as direct investment enterprises. FDI statistics are available by industry sectors according to ISIC4 classification. Industry sector allocation can be subject to confidentiality restrictions. Inward FDI transactions and positions are allocated to the activity of the resident direct investment enterprise. Outward FDI transactions and positions are allocated according to the activity of the resident direct investor. Statistical unit: Enterprise.

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.

Luxembourg LU: Foreign Direct Investment Income: Outward: USD: Total: Real Estate Activities data was reported at 189.230 USD mn in 2023. This records an increase from the previous number of 179.830 USD mn for 2022. Luxembourg LU: Foreign Direct Investment Income: Outward: USD: Total: Real Estate Activities data is updated yearly, averaging 199.858 USD mn from Dec 2012 (Median) to 2023, with 11 observations. The data reached an all-time high of 713.259 USD mn in 2016 and a record low of -71.979 USD mn in 2012. Luxembourg LU: Foreign Direct Investment Income: Outward: USD: Total: Real Estate Activities data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Luxembourg – Table LU.OECD.FDI: Foreign Direct Investment Income: USD: by Industry: OECD Member: Annual. Reverse investment: Netting of reverse investment in equity (when a direct investment enterprise acquires less than 10% equity ownership in its parent) and reverse investment in debt (when a direct investment enterprise extends a loan to its parent) is applied in the recording of total inward and outward FDI transactions and positions. Treatment of debt FDI transactions and positions between fellow enterprises: directional basis according to the residency of the ultimate controlling parent (extended directional principle). FDI transactions and positions by partner country and/or by industry are available excluding and including resident Special Purpose Entities (SPEs). The dataset 'FDI statistics by parner country and by industry - Summary' contains series including resident SPEs only. Valuation method used for listed inward and outward equity positions: Market value. Valuation method used for unlisted inward and outward equity positions: Own funds at book value. Valuation method used for inward and outward debt positions: Market value, Nominal value.; FDI statistics are available by geographic allocation, vis-à-vis single partner countries worldwide and geographical and economic zones aggregates. Partner country allocation can be subject to confidentiality restrictions. Geographic allocation of inward and outward FDI transactions and positions is according to the immediate counterparty. Intercompany debt between related financial intermediaries, including permanent debt, are excluded from FDI transactions and positions. Direct investment relationships are identified according to the criteria of the Framework for Direct Investment Relationships (FDIR) method. Debt between fellow enterprises are completely covered. Collective investment institutions are not covered as direct investment enterprises. FDI statistics are available by industry sectors according to ISIC4 classification. Industry sector allocation can be subject to confidentiality restrictions. Inward FDI transactions and positions are allocated to the activity of the resident direct investment enterprise. Outward FDI transactions and positions are allocated according to the activity of the resident direct investor. Statistical unit: Enterprise.