In the second quarter of 2025, a significant increase in real estate prices was recorded in the countries of the European Union. Compared to the same period in 2024, housing prices rose by 5.4%, while rental costs increased by 3.2%.
This is reported by Finway
When compared to the first quarter of the current year, housing prices went up by 1.6%, and rent increased by 0.7%. The long-term trend is also impressive: from 2010 to the second quarter of 2025, housing in the EU has become 60.5% more expensive, while rent has risen by 28.8%.
Housing Price Dynamics: Record Growth in Central and Eastern European Countries
The most rapid increase in housing prices was recorded in Hungary and Estonia, where prices rose by 277% and 250% respectively. The top ten countries with the highest growth also included:
- Lithuania (+202%)
- Latvia (+162%)
- Czech Republic (+155%)
- Portugal (+141%)
- Bulgaria (+133%)
- Austria (+117%)
- Luxembourg (+112%)
- Slovakia (+105%)
- Poland (+104%)
- Croatia (+102%)
At the same time, Italy became the only EU country where housing prices have decreased since 2010 — by 1%.
Rental Costs: Increases in Most EU Countries
The cost of rent has increased in 26 countries of the European Union. The largest increases were recorded in Estonia (+218%), Lithuania (+192%), Hungary (+125%), and Ireland (+117%). Greece became the only EU country where rental prices decreased — by 9%.
“While rental prices have steadily risen, housing prices have shown a more varied trend, demonstrating a sharp increase between the first quarter of 2015 and the third quarter of 2022, after which there was a slight decline and stabilization before starting to rise again in 2024.”