{"version":1,"asset_type":"statistical_series","data_type":"time_series","slug":"europe-house-price-growth-by-country","url":"https://apiardata.com/statistics/europe-house-price-growth-by-country","html_url":"https://apiardata.com/statistics/europe-house-price-growth-by-country/","title":"House Price Growth in Europe by Country (2025)","description":"Annual house price growth across 27 European countries in 2025: Hungary fastest at 19.7%, Finland the only decline at -3.0%. Eurostat house price index.","domain":"prices","category":"Prices & Inflation","keywords":["Prices & Inflation","Housing","House Prices","Europe","Eurostat"],"publisher":"Eurostat","frequency":"Annual","temporal_coverage":"2011/2025","unit":"% annual change","last_updated":"2026-07-25","last_updated_text":"25 July 2026","data_as_of":"2025","variable_measured":"Annual change in the house price index","license":"https://apiardata.com/data-license","is_accessible_for_free":true,"sources":[{"name":"Eurostat","url":"https://ec.europa.eu/eurostat/databrowser/view/PRC_HPI_A/default/table"}],"meta":[{"label":"Frequency","value":"Annual"},{"label":"Reference year","value":"2025"},{"label":"Coverage","value":"2011–2025"},{"label":"Countries","value":"27"},{"label":"Last updated","value":"25 July 2026"}],"kpis":[{"label":"Average of the panel (2025)","value":"7.6","unit":"percent, annual change","trend":{"direction":"up","value":"+2.5pp vs 2024"}},{"label":"Highest","value":"19.7","unit":"Hungary"},{"label":"Lowest","value":"-3.0","unit":"Finland"},{"label":"Countries ranked","value":"27","unit":"with a published figure"}],"series":[{"key":"value","label":"Average annual house price growth"}],"observation_count":15,"observations":[{"period":"2011","value":-0.2},{"period":"2012","value":-1.9},{"period":"2013","value":0.1},{"period":"2014","value":2.6},{"period":"2015","value":3.6},{"period":"2016","value":5.4},{"period":"2017","value":6.3},{"period":"2018","value":5.8},{"period":"2019","value":6.1},{"period":"2020","value":5.9},{"period":"2021","value":10},{"period":"2022","value":10.5},{"period":"2023","value":1.3},{"period":"2024","value":5.1},{"period":"2025","value":7.6}],"table":{"columns":[{"key":"rank","label":"#"},{"key":"country","label":"Country"},{"key":"value","label":"% annual change"},{"key":"yoyChange","label":"Change vs 2024"}],"rows":[{"rank":"1","country":"Hungary","value":"19.7","yoyChange":"+6.3pp"},{"rank":"2","country":"Portugal","value":"18.9","yoyChange":"+9.1pp"},{"rank":"3","country":"Bulgaria","value":"16.4","yoyChange":"+0.6pp"},{"rank":"4","country":"Croatia","value":"14.3","yoyChange":"+3.4pp"},{"rank":"5","country":"Spain","value":"12.9","yoyChange":"+4.9pp"},{"rank":"6","country":"Slovakia","value":"12.8","yoyChange":"+8.6pp"},{"rank":"7","country":"Lithuania","value":"10.7","yoyChange":"+1.1pp"},{"rank":"8","country":"Czechia","value":"9.7","yoyChange":"+4.7pp"},{"rank":"9","country":"Netherlands","value":"8.6","yoyChange":"-0.2pp"},{"rank":"10","country":"Latvia","value":"8.5","yoyChange":"+6.0pp"},{"rank":"11","country":"Ireland","value":"8.3","yoyChange":"-0.7pp"},{"rank":"12","country":"Cyprus","value":"7.6","yoyChange":"+0.5pp"},{"rank":"13","country":"Denmark","value":"7.5","yoyChange":"+4.0pp"},{"rank":"14","country":"Romania","value":"6.9","yoyChange":"+3.5pp"},{"rank":"15","country":"Malta","value":"6.5","yoyChange":"-0.6pp"},{"rank":"16","country":"Slovenia","value":"5.8","yoyChange":"-1.6pp"},{"rank":"17","country":"Norway","value":"5.7","yoyChange":"+2.7pp"},{"rank":"18","country":"Estonia","value":"5.7","yoyChange":"-0.9pp"},{"rank":"19","country":"Italy","value":"4.8","yoyChange":"+2.8pp"},{"rank":"20","country":"Poland","value":"4.2","yoyChange":"-9.2pp"},{"rank":"21","country":"Belgium","value":"3.8","yoyChange":"+1.2pp"},{"rank":"22","country":"Germany","value":"3.3","yoyChange":"+5.3pp"},{"rank":"23","country":"Austria","value":"2.5","yoyChange":"+4.1pp"},{"rank":"24","country":"Sweden","value":"1.7","yoyChange":"+0.4pp"},{"rank":"25","country":"Luxembourg","value":"1.6","yoyChange":"+7.6pp"},{"rank":"26","country":"France","value":"0.6","yoyChange":"+4.7pp"},{"rank":"27","country":"Finland","value":"-3.0","yoyChange":"+0.3pp"}]},"qa":[{"question":"Where are house prices rising fastest in Europe?","answer":"Hungary, at 19.7% in 2025, just ahead of Portugal, Bulgaria and Croatia. Central and eastern Europe and the Iberian peninsula dominate the top of the table, driven by a combination of strong nominal wage growth, constrained new supply and — in Portugal and Spain — sustained foreign demand."},{"question":"Where are European house prices falling?","answer":"Finland is the only country in this ranking with prices lower than a year earlier, at -3.0%. Finland's correction started earlier than most of Europe's and has run longer, reflecting a weak domestic economy and a higher share of variable-rate mortgages that transmitted the rate rises of 2022–23 into household budgets quickly."},{"question":"What does the Eurostat house price index measure?","answer":"Transaction prices for all residential dwellings purchased by households — new and existing, houses and flats — adjusted for changes in the quality and composition of what is sold. It excludes self-build and land. Because it is transaction-based, it moves with actual sales and lags asking-price indices; and because it is quality-adjusted, it is not the same as the average sale price reported by national estate agent bodies."}]}