Between 2010 and the first quarter of 2024, house prices increased by 49% and rents by 24% in the EU.
When comparing the first quarter of 2024 with 2010, among the EU countries for which data are available, house prices increased more than rents in 20 countries. House prices more than doubled in Estonia (+223%), Hungary (+207%), Lithuania (+170%), Latvia (+140%), Czechia (+125%), Austria (+108%) and Luxembourg (+101%). Decreases were observed in Italy (-8%) and Cyprus (-1.2%).
Rents increased in 26 EU countries, with the highest rises registered in Estonia (+201%), Lithuania (+174%) and Ireland (+104%). The only decrease in rent prices was recorded in Greece (-19%).
Source:
Eurostat, 5 July 2024