Global Property Guide

Financial Information for the Residential Property Buyer

Footnote | Export Sort: Alphabetically | Ascending Rank | Descending Rank

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Turkey 92.98%
Ireland 74.96%
Iceland 70.85%
Estonia 58.56%
Malta 51.85%
Sweden 44.16%
Czech Rep. 39.46%
Luxembourg 36.10%
Germany 35.04%
Netherlands 30.44%
UK 29.89%
Romania 25.26%
Bulgaria 23.46%
Lithuania 23.34%
Latvia 23.31%
Norway 22.54%
Denmark 21.69%
Austria 20.29%
Portugal 18.96%
Slovak Rep. 12.58%
Slovenia 12.04%
Poland 10.22%
Belgium 7.88%
Croatia 6.09%
Switzerland 4.23%
Macedonia 1.83%
Finland 0.80%
France 0.00%
Spain -1.44%
Russia -4.07%
Serbia -5.15%
Montenegro -6.74%
Italy -10.91%
Cyprus -15.61%
Greece -20.69%
Ukraine -44.59%

Europe: Price changes, 5 years (%)

The percentage changes in house prices (or the house price index) over 5 years using the latest data available, not adjusted for inflation.


Source: Various sources

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.