According to the latest statistics by Eurostat, house prices and rent in the EU are still on the rise increasing by 5.7% and 3.2% respectively in the first quarter of this year compared to the same quarter of 2024. Compared with the fourth quarter of 2024, house prices and rents increased by 1.4% and 0.9% respectively.
Eurostat figures show that property prices and rent in the EU grew by 57.9% and 27.8% on average respectively, between 2010 and the first quarter of 2025.
The highest increases in house prices during this period were recorded by Hungary (260%), followed by Estonia (238%) and Lithuania with 194%. Rents increased the most in Estonia by 220%, followed by Lithuania with 184% and Hungary 124% during the same period.
House prices and rent fell during the Covid pandemic but regained their increasing trend by 2023.
Malta’s housing and rent prices grew by more than 100% from 2014 to 2019 with the average salary growing by around 50% in the same period.
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