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.

Housing Index in Luxembourg decreased to 162.28 points in the first quarter of 2025 from 164.25 points in the fourth quarter of 2024. 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.

Residential Property Prices in Luxembourg increased 1.36 percent in December of 2024 over the same month in the previous year. This dataset includes a chart with historical data for Luxembourg Residential Property Prices.

House Price Index YoY in Luxembourg decreased to 0.90 percent in the first quarter of 2025 from 1.40 percent in the fourth quarter of 2024. This dataset includes a chart with historical data for Luxembourg House Price Index YoY.

Based on the asking price from one of Luxembourg's real estate agencies, there were large differences in residential property prices in the different neighborhoods of Luxembourg City. The average price (which includes both houses as well as apartments) was highest in the city district of Limpertsberg: more than ****** euros per square meter. The district of Weimerskirch was nearly twice as cheap with an average price of ***** euros per square meter. Nearly one third of the population in the Grand Duchy of Luxembourg lived in the canton of Luxembourg (Luxembourg City and its surroundings in 2019).

Graph and download economic data for Real Residential Property Prices for Luxembourg (QLUR368BIS) from Q1 2008 to Q4 2024 about Luxembourg, residential, housing, real, and price.

Luxembourg - House price index was 0.90% in March of 2025, 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 September 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.

Real residential property prices Y-on-Y, percent change in Luxembourg, December, 2024 The most recent value is 0.42 percent as of Q4 2024, an increase compared to the previous value of -3.48 percent. Historically, the average for Luxembourg from Q1 2008 to Q4 2024 is 2.76 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 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.

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.

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.

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 ***** index points, meaning that the sales price of existing houses had risen by almost ** percent since 2015 - the index base year. That was also the first time when the index saw a decrease from the year before.

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.

Luxembourg - Selected residential property prices, Nominal, Year-on-year changes, in per cent

Luxembourg - Selected residential property prices, Real, Index, 2010 = 100

Key information about Luxembourg Real Residential Property Price Index Growth

• Luxembourg Real Residential Property Price Index Growth was reported at -10.440 % in Jun 2024.
• This records an increase from the previous number of -13.994 % for Mar 2024.
• Luxembourg Real Residential Property Price Index Growth data is updated quarterly, averaging 3.835 % from Mar 2008 to Jun 2024, with 66 observations.
• The data reached an all-time high of 16.059 % in Dec 2020 and a record low of -17.258 % in Sep 2023.
• Luxembourg Real Residential Property Price Index Growth 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: YoY %.

In 2023, the house price to rent ratio in Luxembourg decreased by 18.3 index points (-10.59 percent) since 2022. Nevertheless, the last two years recorded a significant higher ratio than the preceding years.Find more statistics on other topics about Luxembourg with key insights such as market share of foreign property and casualty (non-life) insurance companies on the domestic market.

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.

Key information about Luxembourg Gold Production

• Luxembourg Real Residential Property Price Index was reported at 151.361 2010=100 in Mar 2024.
• This records a decrease from the previous number of 152.451 2010=100 for Dec 2023.
• Luxembourg Real Residential Property Price Index data is updated quarterly, averaging 115.337 2010=100 from Mar 2007 to Mar 2024, with 69 observations.
• The data reached an all-time high of 188.729 2010=100 in Sep 2022 and a record low of 95.922 2010=100 in Sep 2009.
• Luxembourg 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]