House prices and rents continue to rise in early 2025

In the first quarter of 2025, house prices in the EU rose by 5.7%, while rents increased by 3.2% compared with the same quarter of 2024.

Compared with the fourth quarter of 2024, house prices increased by 1.4% and rents by 0.9%. 

This information comes from data on house prices and rents published by Eurostat today. This article presents the main findings from the more detailed Statistics Explained article on housing price statistics.

Between 2010 and the first quarter of 2025, house prices in the EU increased by 57.9% and rents by 27.8%. While rents have increased steadily, house prices have followed a more variable pattern, showing a staggering increase between the first quarter of 2015 and the third quarter of 2022, followed by a small drop and stabilization, before increasing again since 2024. 

Source datasets: prc_hpi_q and prc_hicp_midx

When comparing the first quarter of 2025 with 2010, house prices increased more than rents in 21 of the 26 EU countries for which data are available. Over the same period, house prices more than tripled in Hungary (+260%) and Estonia (+238%) and doubled or more than doubled in 9 EU countries: Lithuania (+194%), Latvia (+154%), Czechia (+147%), Portugal (+130%), Bulgaria (+125%), Austria (+113%), Luxembourg and Poland (both +102%) and Slovakia (+100%). Italy was the only country where house prices decreased (-4%).   

During the same period, rents increased in 26 EU countries, with the highest rises registered in Estonia (+220%), Lithuania (+184%), Hungary (+124%) and Ireland (+115%). Greece was the only country where rent prices decreased (-11%). 

Source datasets: prc_hpi_a, prc_hpi_q, prc_hicp_aind, prc_hicp_midx