In the fourth quarter of 2025, housing prices in the European Union rose by 5.5% year-on-year, and by 5.1% in the eurozone. Compared to the third quarter of 2025, growth stood at 0.8% for the EU and 0.6% for the eurozone. Eurostat released the latest data on April 7.
Among EU countries, an annual price decline was recorded only in Finland, at 3.1%. The highest growth rates were seen in Hungary, where housing prices rose by 21.2%, Portugal, by 18.9%, and Croatia, by 16.1%. On a quarterly basis, prices rose the most in Slovenia (5.1%), Hungary (4.2%), and Portugal (4.0%), while declines were observed in France, Finland, and Estonia.
New statistics confirm that the European housing market remains in a phase of sustained price appreciation following the 2023 correction. According to Eurostat, after negative trends in the second and third quarters of 2023, price growth in the EU resumed and by 2025 had once again settled above the 5% mark on an annual basis.
A broader analysis of Eurostat’s housing data shows that this is not a short-term spike but part of a long-term trend. By the end of 2024, housing prices in the EU were 53% higher than in 2010, while rents rose by 25% over the same period, and inflation stood at 39%. Separately, in its statistical review for Q4 2025, Eurostat notes that from 2015 to the end of 2025, housing prices in the EU rose by 64.9%, while rental rates increased by 21.8%.
For the market, this means that real estate in the EU is appreciating faster than both consumer prices and rents, and the main pressure is now shifting to countries in Central and Southern Europe, where growth rates are significantly higher than the European average. Against this backdrop, investors and developers are likely to continue focusing on markets with double-digit price growth, primarily in Hungary, Portugal, and Croatia.
