House and rental prices in the European Union rose again in the first quarter of 2025. This is according to data published by Eurostat on Friday 4 July 2025. Compared to the same period in 2024, house prices increased by 5.7 per cent, while rents rose by 3.2 per cent. Compared to the fourth quarter of 2024, these were increases of 1.4 per cent and 0.9 per cent respectively.
© Funda.nl
This property is for sale for €2,299,900 in Lanaken, Belgium. Funda.nl.
This development is part of a broader long-term trend. Since 2010, house prices in the EU have risen by 57.9 per cent, while rents increased by 27.8 per cent. The housing market experienced particularly strong growth between 2015 and 2022, followed by a temporary levelling off and renewed rise in 2024.
© Eurostat
In 21 of the 26 EU countries for which data are available, house prices rose faster than rents since 2010. Hungary and Estonia showed the strongest increases, with house values tripling. In nine other countries, including Lithuania, the Czech Republic and Portugal, prices doubled or more. Italy was the only country where house prices fell by 4 per cent. Rents rose in all countries, with Estonia, Lithuania, Hungary and Ireland as the outliers. Greece was the only country to experience an 11 per cent drop.
© Eurostat
At the same time, there are signs of recovery in the property market. In 13 of the 17 EU countries for which data are available, housing transactions increased in 2024 compared to 2023. Luxembourg, Hungary and the Netherlands recorded the largest increases.
Source: Eurostat
