In the fourth quarter of 2022, rents and house prices in the EU increased compared with the same period in 2021, with a 2.5% rise in rents and a 3.6% increase in house prices. Compared with the third quarter of 2022, house prices showed a decrease for the first time since the upward trend began in 2015 (-1.5% in the fourth quarter of 2022 compared with the third quarter of 2022). Meanwhile, rents continued their upward trajectory (+0.6% compared with the third quarter of 2022).
House prices and rents in the EU followed a similar increasing path between 2010 and the second quarter of 2011. However, after this quarter, house prices and rents have evolved differently. While rents increased steadily throughout this period up to the fourth quarter of 2022, house prices fluctuated considerably.
From 2010 until the fourth quarter of 2022, rents increased by 19% and house prices by 47%.