Europe: Rents (€/month)

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Monaco   €5,280
UK   €5,023
Russia   €4,090
France   €3,835
Switzerland   €2,929
Italy   €2,794
Ukraine   €2,550
Finland   €2,513
Netherlands   €2,372
Denmark   €2,006
Luxembourg   €1,954
Poland   €1,951
Romania   €1,916
Greece   €1,642
Czech Rep.   €1,562
Spain   €1,500
Germany   €1,475
Belgium   €1,424
Hungary   €1,366
Slovenia   €1,356
Austria   €1,320
Croatia   €1,254
Slovak Rep.   €1,234
Moldova   €1,196
Portugal   €1,033
Bulgaria   €1,022
Macedonia   €1,014
Lithuania   €971
Latvia   €923
Andorra   €908
Cyprus   €868
Estonia   €785
Malta   €778
Turkey   €762

 

 

 

European statistics. European house price and other economic statistics vary in quality. It is often a surprise to non-Europeans to discover that swathes of this rich, highly developed continent are not covered by good housing statistics.

Northern European countries have generally good house price time-series. In particular, all the Scandinavian countries generate excellent house price statistics. In the Baltics the situation is improving rapidly. Latvia generates an official annual house price time-series, and the realtor Latio publishes a monthly index. Lithuania has no official house price or rents time-series, but the firm Inreal publishes annual prices and rents for Vilnius for a few years. Estonia has high-quality housing statistics, generated by the Statistical Office of Estonia (SOE). Data on house prices, house sales and construction activities, as well as general economics statistics are all available from the SOE.

Central Europe is mixed. German house price statistics are weak. France has very good statistics, the Netherlands has good data, Belgium and Austria have acceptable data. Spain has made giant strides, Portugal is weaker.

Southern Europe tends to have weak statistical data. There is a particular lack of housing statistics in Italy, Greece, and Turkey (though Italy has some private, for-sale, data generators).

Statistics in Eastern Europe are weak. Efforts are being made to change this, for instance Bulgaria began publishing a house price time-series in 2006. Aside from this, the Czech Republic has an official index, and in Poland, REAS Konsulting produces a for-sale index.