Housing Index in Malta increased to 165.22 points in the third quarter of 2024 from 162.74 points in the second quarter of 2024. This dataset provides - Malta 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 Malta (QMTR628BIS) from Q1 2005 to Q2 2024 about Malta, residential, HPI, housing, real, price index, indexes, and price.

Key information about House Prices Growth

• Malta house prices grew 4.1% YoY in Sep 2024, following an increase of 5.2% YoY in the previous quarter.
• YoY growth data is updated quarterly, available from Mar 2001 to Sep 2024, with an average growth rate of 5.2%.
• House price data reached an all-time high of 36.7% in Jun 2004 and a record low of -9.9% in Mar 2009.

In 2022, the turnover of the real estate industry in Malta increased by 67.7 million euros (+11.22 percent) since 2021. Therefore, the turnover in Malta reached a peak in 2022 with 671.2 million euros. For the purpose of Eurstat Dataset NACE Rev.2 Section K turnover comprises the totals invoiced by the observation unit during the reference period, which corresponds to market sales of goods or services supplied to third parties.Find more statistics on the real estate industry in Malta with key insights such as personnel costs and number of employees.

Key information about Malta Gold Production

• Malta Real Residential Property Price Index was reported at 136.046 2010=100 in Jun 2024.
• This records an increase from the previous number of 135.022 2010=100 for Mar 2024.
• Malta Real Residential Property Price Index data is updated quarterly, averaging 103.493 2010=100 from Mar 2005 to Jun 2024, with 78 observations.
• The data reached an all-time high of 136.046 2010=100 in Jun 2024 and a record low of 69.856 2010=100 in Jun 2005.
• Malta Real Residential Property Price Index data remains active status in CEIC and is reported by Bank for International Settlements.
• The data is categorized under World Trend Plus’s Association: Property Sector – Table RK.BIS.RPPI: Selected Real Residential Property Price Index: 2010=100: Quarterly. [COVID-19-IMPACT]

Malta - House price index was 6.90% in September of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Malta - House price index - last updated from the EUROSTAT on March of 2025. Historically, Malta - House price index reached a record high of 29.80% in March of 2007 and a record low of -7.70% in December of 2009.

House Price Index YoY in Malta remained unchanged at 6.90 percent in the third quarter of 2024 from 6.90 percent in the second quarter of 2024. This dataset includes a chart with historical data for Malta House Price Index YoY.

The personnel costs of the real estate industry in Malta increased by 7.8 million euros (+15.23 percent) since the previous year. With 59 million euros, the personnel costs thereby reached their highest value in the observed period. According to Eurostat, cost of personnel are defined as the total remuneration payable by an employer to an employee in return for work during the reference period. It also includes taxes and employees' social security contributions retained by the unit as well as the employer's compulsory and voluntary social contributions. Personnel costs are made up of wages and salaries and employers' social security costs.Find more statistics on the real estate industry in Malta with key insights such as turnover and number of employees.

Malta Unit Labour Costs: Index: Business Sector Services excluding Real Estate data was reported at 70.990 2015=100 in 2022. This records a decrease from the previous number of 71.200 2015=100 for 2021. Malta Unit Labour Costs: Index: Business Sector Services excluding Real Estate data is updated yearly, averaging 100.830 2015=100 from Dec 2000 (Median) to 2022, with 23 observations. The data reached an all-time high of 110.400 2015=100 in 2019 and a record low of 70.990 2015=100 in 2022. Malta Unit Labour Costs: Index: Business Sector Services excluding Real Estate 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 Malta – Table MT.OECD.PDB: Unit Labour Costs: by Industry: Non OECD Member: Annual.

Hardware and home improvement stores’ revenue is forecast to rise at a compound annual rate of 1.4% over the five years through 2024 to reach €155.8 billion. Private spending on home renovation and maintenance, construction activity, environmental awareness and the number of households each play their part in determining sales. The EU and the UK enjoyed a housing market boom prior to 2023, when soaring mortgage rates deterred many from buying a new house. While demand for outfitting new houses is down, more Europeans are turning to repair, maintenance and renovation work on their existing properties, helping to raise sales of hardware and home improvement products. This trend accelerated during the COVID-19 pandemic, as people confined to their homes looked to refresh their surroundings and found themselves with more time to dedicate to DIY projects. Hardware and home improvement stores were deemed by many governments as essential businesses, allowing them to remain open during the lockdowns. In 2024, revenue growth is expected to be constrained by the cost-of-living crisis. Shoppers are increasingly price-sensitive and many are thinking twice before spending in response to intense inflationary pressures, cutting sales for many hardware and home improvement stores. Price inflation is expected to outweigh falling sales volumes, leading to revenue growth of 1% in 2024. Over the five years through 2029, hardware and home improvement stores’ revenue is slated to climb at a compound annual rate of 1.5% to reach €168 billion. Ever-growing levels of environmental awareness among Europeans will drive strong demand for sustainably sourced and energy-efficient products, like reclaimed wood and lithium-ion battery-powered hand tools. Competition from online-only retailers will continue to heat up, forcing hardware and home improvement stores to expand their in-store offerings to attract customers – augmented reality stations where shoppers can visualise their new products in their homes are one way retailers can try to do this.

Malta Total Hours Worked: Annual Growth: Non Agriculture Business Sector excluding Real Estate data was reported at -15.240 % in 2022. This records a decrease from the previous number of 33.110 % for 2021. Malta Total Hours Worked: Annual Growth: Non Agriculture Business Sector excluding Real Estate data is updated yearly, averaging 2.735 % from Dec 2001 (Median) to 2022, with 22 observations. The data reached an all-time high of 33.110 % in 2021 and a record low of -60.300 % in 2020. Malta Total Hours Worked: Annual Growth: Non Agriculture Business Sector excluding Real Estate 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 Malta – Table MT.OECD.PDB: Hours Worked: by Industry: Non OECD Member: Annual.

Malta Real GVA per Hour Worked: Annual Growth: Non Agriculture Business Sector excluding Real Estate data was reported at 31.380 % in 2022. This records an increase from the previous number of -14.580 % for 2021. Malta Real GVA per Hour Worked: Annual Growth: Non Agriculture Business Sector excluding Real Estate data is updated yearly, averaging 0.930 % from Dec 2001 (Median) to 2022, with 22 observations. The data reached an all-time high of 119.510 % in 2020 and a record low of -22.060 % in 2007. Malta Real GVA per Hour Worked: Annual Growth: Non Agriculture Business Sector excluding Real Estate 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 Malta – Table MT.OECD.PDB: Gross Value Added: Per Hour Worked: Non OECD Member: Annual.

The real estate prices in Sweden increased significantly between 2008 and 2023. In 2023, the price index reached 455, with 1990 as base year. This was the first decrease in house prices since 2012. Despite the decline, prices in 2023 were still notably higher than before the COVID-19 pandemic. One of the reasons was the slowdown in construction, which hampered the supply of new homes. Rented dwellings are popular among Swedes Sweden is one of the countries in Europe with the most renters among the population. Only about 64 percent of people lived in an owner-occupied home in 2022. Only a few countries, such as France, Denmark, Germany, and Austria, had lower homeownership rates. How many rooms do Europeans have at home? As of 2021, the European countries which had been reported to have the highest number of rooms per person were Ireland and Malta, with 2.3 rooms per person on average. Sweden ranked fifteenth on the list, where the average number of rooms per person was 1.9.

Malta Real GVA per Person Employed: Annual Growth: Business Sector Services excluding Real Estate data was reported at 4.630 % in 2022. This records a decrease from the previous number of 13.950 % for 2021. Malta Real GVA per Person Employed: Annual Growth: Business Sector Services excluding Real Estate data is updated yearly, averaging 1.380 % from Dec 2001 (Median) to 2022, with 22 observations. The data reached an all-time high of 13.950 % in 2021 and a record low of -17.900 % in 2020. Malta Real GVA per Person Employed: Annual Growth: Business Sector Services excluding Real Estate 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 Malta – Table MT.OECD.PDB: Gross Value Added: Per Person Employed: Non OECD Member: Annual.

The size of the Malta Facility Management market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 4.15% during the forecast period.Malta Facility Management (FM) entails the professional management of any building or complex of buildings, covering a series of services designed to create effective and comfortable and safe environments. Typical services usually include property maintenance, cleaning, security, energy management, and administrative duties.The increasing complexity of modern buildings and the growing need for efficient and cost-effective management solutions drive the Malta FM market. As businesses in Malta grow and diversify, demand for professional FM services has grown exponentially. FM providers in Malta have a range of services suited to the specific needs of clients, from small businesses to large corporations.This FM market in Malta is seen to be dominated by local as well as international FM service providers. While local providers offer niche services like cleaning and security, the international providers deal in a whole FM solution set encompassing strategic facility planning, project management, and sustainability consulting. The market is also now adopting innovative technologies such as IoT and AI to better optimize building operations and experience among occupants. Recent developments include: March 2022 - EDGNEX, a global digital infrastructure provider owned by DAMAC Group, has selected JLL, a leading global real estate and investment management services provider, as its preferred Facilities Management (F.M.) partner for data center operations. The strategic partnership supports EDGNEX's mission to deliver data center facilities that support booming demand across unique and diverse markets., September 2021 - Cushman & Wakefield Launched Snappt Fraud Detection Technology. Cushman & Wakefield, a leading real estate services firm, announced the deployment of Snappt's External Link commercial real estate (CRE) fraud detection and analytics technology to strengthen its asset and facilities management services.. Key drivers for this market are: Increasing Investments in Healthcare Infrastructure and the Construction of Healthcare Facilities in the United States, Requirement of Building Information Modeling (BIM) in Commercial Buildings Addresses the Growth. Potential restraints include: Increased instances of Data Breaches and Security Threats. Notable trends are: In House Facility Management to Witness Higher Growth Rate.

Malta Labour Compensation per Person Employed: Annual Growth: Non Agriculture Business Sector excluding Real Estate data was reported at 4.270 % in 2022. This records an increase from the previous number of 3.860 % for 2021. Malta Labour Compensation per Person Employed: Annual Growth: Non Agriculture Business Sector excluding Real Estate data is updated yearly, averaging 3.540 % from Dec 2001 (Median) to 2022, with 22 observations. The data reached an all-time high of 8.410 % in 2018 and a record low of -2.640 % in 2020. Malta Labour Compensation per Person Employed: Annual Growth: Non Agriculture Business Sector excluding Real Estate 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 Malta – Table MT.OECD.PDB: Labour Compensation: by Industry: Non OECD Member: Annual.

Malta Real GVA per Person Employed: Index: Non Agriculture Business Sector excluding Real Estate data was reported at 107.710 2015=100 in 2022. This records an increase from the previous number of 104.000 2015=100 for 2021. Malta Real GVA per Person Employed: Index: Non Agriculture Business Sector excluding Real Estate data is updated yearly, averaging 86.660 2015=100 from Dec 2000 (Median) to 2022, with 23 observations. The data reached an all-time high of 110.250 2015=100 in 2019 and a record low of 74.480 2015=100 in 2001. Malta Real GVA per Person Employed: Index: Non Agriculture Business Sector excluding Real Estate 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 Malta – Table MT.OECD.PDB: Gross Value Added: Per Person Employed: Non OECD Member: Annual.

Europe’s Household Textile and Soft Furnishing Manufacturing industry benefits from the high number of residential property transactions, which has increased demand for curtains and textile blinds, often bought when homeowners furnish their new homes and undertake renovation work. Industry revenue is projected to decline at a compound annual rate of 5.3% to €27.5 billion over the five years through 2024, including an estimated 3.6% slump in the current year. An increased interest in home improvement and the convenience of online shopping momentarily buoyed the industry, but it faced stiff competition from inexpensive imports. Furthermore, the European Central Bank's decision to gradually raise interest rates affected companies' investment decisions and consumer behaviour. However, the pivot towards e-commerce and the boost in remote work resulting in higher home textile demand has helped the industry stay afloat amid these challenges. Also, the industry's increasing focus on sustainability aligns well with growing environmental concerns, potentially opening new opportunities. Imports will remain a significant threat to the industry, continuing to satisfy over half of European demand. Also, consumers often associate European-manufactured products with higher price tags. As a result, businesses in the industry must strategically adjust their marketing budgets to target new demographics of potential customers. Despite this, government assistance for the housing sector will boost the supply of homes over the coming years. Industry revenue is expected to edge upwards at a compound annual rate 3% over the five years through 2029 to €31.8 billion.

This statistic illustrates the share of the total population living in houses (detached and semi-detached) in Europe as of 2016, broken down by country. It can be seen that a share of almost three quarters (72.9 percent) of the population of Macedonia were living in detached houses as of 2016, a share of 67.7 percent more than for the population of Malta (5.2 percent). The average share of people living in detached houses for the EU as a whole stood at 33.5 percent at that time.

Malta Unit Labour Costs: Employment Based: Index: Non Agriculture Business Sector excluding Real Estate data was reported at 115.660 2015=100 in 2022. This records an increase from the previous number of 114.880 2015=100 for 2021. Malta Unit Labour Costs: Employment Based: Index: Non Agriculture Business Sector excluding Real Estate data is updated yearly, averaging 100.000 2015=100 from Dec 2000 (Median) to 2022, with 23 observations. The data reached an all-time high of 122.750 2015=100 in 2020 and a record low of 77.540 2015=100 in 2000. Malta Unit Labour Costs: Employment Based: Index: Non Agriculture Business Sector excluding Real Estate 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 Malta – Table MT.OECD.PDB: Unit Labour Costs: by Industry: Non OECD Member: Annual.