Residential real estate in Europe - statistics & facts

Soaring inflation and aggressive mortgage interest rate hikes cooled the European housing market after a nearly decade-long period of growth. Since 2015, house prices in the European Union have grown by nearly 60 percent. When inflation in Europe started to rise at an alarming rate in 2021, the European Central Bank increased interest rates, resulting in substantially higher mortgage interest rates and a decline in homebuying. But how important is homeownership for Europeans?

Homeownership rate in Europe (EU-27)
****%

Country with the most housing completions per 1,000 citizens
Turkey

Average transaction price of new housing in Austria
****k EUR per sq m

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Current statistics on this topic

Residential Real Estate

Average bid residential real estate square meter prices in Europe 2024, by country

Mortgages & Financing

Average mortgage interest rate in Europe Q1 2026, by country

Residential Real Estate

Total number of housing units in European countries 2024

Overview

Homeownership rate in Europe 2024, by country
Homeownership rate in Europe 2024, by country
Homeownership rate in selected European countries in 2024, by country
Homeowners with and without an outstanding mortgage in Europe 2024, by country
Homeowners with and without an outstanding mortgage in Europe 2024, by country
Share of the population in European countries who are owner-occupants in 2024, with or without a mortgage
Total number of dwellings per 1,000 citizens in Europe 2024, by country
Total number of dwellings per 1,000 citizens in Europe 2024, by country
Total number of dwellings in Europe in 2024, by country (per 1,000 citizens)
Non-financial household assets: housing value per capita Europe 2022, country
Non-financial household assets: housing value per capita Europe 2022, country
Value of housing per capita as non-financial assets of households in selected European countries in 2022 (in U.S. dollars)
Gross quarterly residential mortgage lending in Europe 2010-2026, by country
Gross quarterly residential mortgage lending in Europe 2010-2026, by country
Gross residential mortgage lending in selected European countries from 1st quarter 2010 to 1st quarter 2026 (in billion euros)
House price to income ratio in Europe 2024, by country
House price to income ratio in Europe 2024, by country
House price to income ratio in Europe in 2024, by country
House price to rent ratio in Europe 2025, by country
House price to rent ratio in Europe 2025, by country
House price to rent ratio index in Europe in 1st quarter 2025, by country

Construction and investment

Leading real estate companies in Europe 2025, by market value
Leading real estate companies in Europe 2025, by market value
Largest real estate companies in Europe in 2025, by market value (in billion U.S. dollars)
Number of initiated housing units per thousand citizens in Europe 2024, by country
Number of initiated housing units per thousand citizens in Europe 2024, by country
Number of construction starts of new residential properties per thousand citizens in Europe as of 2024, by country
Number of completed housing units per thousand citizens in Europe 2024, by country
Number of completed housing units per thousand citizens in Europe 2024, by country
Number of completed residential properties per thousand citizens in Europe as of 2024, by country
Housing building permits in the EU 2005-2025
Housing building permits in the EU 2005-2025
Number and annual growth rate of housing units approved by building permits for residential buildings except community residences in the European Union (EU-27) from 2005 to 2025
Investment and development prospects in residential properties in Europe 2018-2026
Investment and development prospects in residential properties in Europe 2018-2026
European real estate investment and development prospects in privately rented residential properties between 2018 and 2026
Investment and development prospects in social housing in Europe 2018-2026
Investment and development prospects in social housing in Europe 2018-2026
European real estate investment and development prospects in social housing from 2018 to 2026
Investment and development prospects in housebuilding in Europe 2018-2026
Investment and development prospects in housebuilding in Europe 2018-2026
European real estate investment and development prospects in housebuilding for sale from 2018 to 2026
Investment and development prospects in retirement properties in Europe 2018-2026
Investment and development prospects in retirement properties in Europe 2018-2026
European real estate investment and development prospects in retirement properties from 2018 to 2026

House prices and financing

Average mortgage interest rate in Europe Q1 2026, by country
Average mortgage interest rate in Europe Q1 2026, by country
Average mortgage interest rate in Europe in 1st quarter 2026, by country
EMF house price index in Europe 2025, by country
EMF house price index in Europe 2025, by country
EMF house price index in Europe, by country in 4th quarter 2025
Average bid residential real estate square meter prices in Europe 2024, by country
Average bid residential real estate square meter prices in Europe 2024, by country
Average bid price of new residential property in Europe in 2024, by country (in 1,000 euros per square meter)
Average transaction price of a new dwelling in Europe 2023
Average transaction price of a new dwelling in Europe 2023
Average transaction price of a new dwelling in Europe in 2023, by country (in euros per square meter)
Bid price for the purchase of new housing units Northern European cities 2024
Bid price for the purchase of new housing units Northern European cities 2024
Average bid price per square meter for new housing units in selected Northern European cities in 2024 (in euros)
Bid price for the purchase of new housing units Western European cities 2024
Bid price for the purchase of new housing units Western European cities 2024
Average bid price per square meter for new housing units in selected Western European cities in 2024 (in euros)
Bid price for the purchase of new housing units Southern European cities 2024
Bid price for the purchase of new housing units Southern European cities 2024
Average bid price per square meter for a new housing units in selected Southern European cities in 2024 (in euros)
Bid price for the purchase of new housing units Central European cities 2024
Bid price for the purchase of new housing units Central European cities 2024
Average bid price per square meter for new housing units in selected Central European cities in 2024 (in euros)
House price index (HPI) change in Europe 2025, by country
House price index (HPI) change in Europe 2025, by country
Percentage change on previous year of residential property prices in Europe in 1st quarter 2025, by country

Rental costs

Monthly rent per square meter in Europe 2023-2024, by city
Monthly rent per square meter in Europe 2023-2024, by city
Average monthly residential rental cost per square meter in selected cities in Europe 2023 and 2024 (in euros per square meter)
Median rental cost of private room in Europe 2025, by city
Median rental cost of private room in Europe 2025, by city
Median monthly rental cost of a furnished private room in selected European cities in 1st quarter 2025, by city (in euros)
Median rental cost of studio apartments in Europe 2025, by city
Median rental cost of studio apartments in Europe 2025, by city
Median monthly rental cost of furnished studio flats in selected European cities in 1st quarter 2025, by city (in euros)
Median rent for a furnished apartment in Europe 2025, by city
Median rent for a furnished apartment in Europe 2025, by city
Median monthly rental cost of a furnished apartment in select European cities in 1st quarter 2025 (in euros)

Homeownership rate in Europe (EU-27)
****%

Country with the most housing completions per 1,000 citizens
Turkey

Average transaction price of new housing in Austria
****k EUR per sq m

Key figures

The most important key figures provide you with a compact summary of the topic of "Residential real estate in Europe" and take you straight to the corresponding statistics.

- Construction output index of new homes in Great Britain
- 82.1
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Detailed statistics
Construction output: new private housing in Great Britain 2000-2025
- Residential construction price index in Germany
- 133.9
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Detailed statistics
Construction price index in Germany 2015-2025, by type
- Average construction costs of owner-occupied homes in the Netherlands per cubic meter
- ***EUR
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Detailed statistics
House construction costs per cubic meter Netherlands, by type of ownership 1990-2024
- Monthly number of residential construction starts in France
- ****k
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Detailed statistics
Number of construction starts on residential buildings in France 2017-2025

- Average first-time buyer house price in London
- *****k GBP
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Detailed statistics
First-time buyer house price in the UK 2015-2024, by region
- Average price of a new home in Munich
- ****k EUR per sq m
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Detailed statistics
Bid price for the purchase of new housing units Northern European cities 2024
- Average price of a homes in Paris
- ****k EUR per sq m
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Detailed statistics
Bid price for the purchase of new housing units Western European cities 2024
- Average price of new homes in Barcelona
- ***k EUR per sq m
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Detailed statistics
Bid price for the purchase of new housing units Southern European cities 2024
- Average price of new homes in Vienna
- ***k EUR per sq m
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Detailed statistics
Bid price for the purchase of new housing units Central European cities 2024

- City with the most expensive monthly rent
- Luxembourg
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Detailed statistics
Monthly rent per square meter in Europe 2023-2024, by city
- Average rent in Greater London
- ***k GBP
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Detailed statistics
Average residential rent for new-lets in the UK 2025, by region
- Average studio apartment rent in Berlin
- ***k EUR
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Detailed statistics
Median rental cost of studio apartments in Europe 2025, by city
- Average one-bedroom apartment rent in Amsterdam
- 2.5k EUR
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Detailed statistics
Median rent for a furnished apartment in Europe 2025, by city