Note N01. Published on 24 September 2026. Theme: Freedoms, well-being and climate. Lens: Europe from within.

Housing has risen almost twice as much as inflation since 2015

In the EU, buying a home costs 62% more than in 2015. In Hungary prices have multiplied by 3.7; in Finland they are slightly lower.

Between 2015 and 2025, house prices in the EU rose by 62%. Over the same period, cumulative inflation was 33%: homes have become almost twice as expensive as everything else.

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Housing has risen 62% in the EU since 2015, almost twice as much as prices overall

Rise in house prices between 2015 and 2025, in %

Source: Eurostat, Eurostat, prc_hicp_aind (inflación). Licence CC BY 4.0. Data retrieved on 24 September 2026.

  • House price index: purchases of new and existing dwellings. Nominal prices, not adjusted for inflation.
  • The line marks cumulative EU inflation (HICP) between 2015 and 2025: 32.9%. Each country has its own inflation.
  • Greece does not publish this index on Eurostat.
Show the data as a table
Country2025
European Union61.9
Austria67.3
Belgium44.9
Bulgaria149.2
Croatia127.1
Cyprus50.9
Czechia145.4
Denmark52.8
Estonia120.7
Finland-1
France27.3
Germany52.7
Hungary266.6
Iceland163.1
Ireland97.2
Italy16.2
Latvia114.1
Lithuania158.1
Luxembourg65.1
Malta73.6
Netherlands115.2
Norway61.7
Poland116.8
Portugal163.9
Romania64.8
Slovakia104.2
Slovenia114.9
Spain80.6
Sweden33.4
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The differences between countries are huge. In Hungary prices have multiplied by 3.7, and in Portugal, Lithuania or Bulgaria they have risen by more than 140%. Spain is above average, at 81%. At the other end, in Italy (16%) and France (27%) housing has risen less than average European inflation, and in Finland it costs 1% less than in 2015.

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