Europe: Rents (€/month)

Regional Stats

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Bulgaria   €732
Turkey   €762
Malta   €778
Estonia   €785
Andorra   €847
Cyprus   €883
Latvia   €923
Lithuania   €971
Macedonia   €1,030
Portugal   €1,033
Moldova   €1,088
Croatia   €1,218
Slovak Rep.   €1,234
Austria   €1,320
Slovenia   €1,356
Hungary   €1,366
Belgium   €1,424
Germany   €1,475
Spain   €1,500
Czech Rep.   €1,562
Greece   €1,642
Romania   €1,916
Poland   €1,951
Luxembourg   €1,954
Denmark   €2,006
Netherlands   €2,372
Finland   €2,513
Ukraine   €2,550
Italy   €2,794
Switzerland   €2,929
France   €3,835
Russia   €4,090
UK   €5,023
Monaco   €5,280

 

 

 

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.