> One of the most pressing problems I hear from European friends is that they cannot find an affordable place to live. Housing costs represent one of the largest expenses for most Europeans. While many people rent, purchasing a home remains a goal for some.
> The chart shows the change in house prices of residential properties purchased by households in 12 countries across the European Union since 2010. In many, prices have increased sharply (even after inflation). Portugal shows the most dramatic increase, with prices rising by 50%.
> But this large increase has not happened everywhere. Rises have been more modest in France and Belgium, and prices have actually fallen considerably in Romania and Italy.
> These huge differences matter to young Europeans hoping to find their first home after leaving their family house.
Only 17% increase in the Netherlands since 2010? Looks way too low.
Vassukhanni on
yeah turns out depopulating lowers the housing prices
Proof-Puzzled on
-13% in Spain? Yeah, sure.
Hewasright_89 on
does anybody know how this compares to the US, Canada and Australia in the same timeframe?
Additional-Map-2808 on
It also correlates to rental properties being used on the stock market through REITs
Much-European on
i highly doubt this. houses in Romania cost an entire fortune
Wooden-Practice8508 on
Romania …. sure, in the countryside, since young people leave for cities or other EU countries. In cities the prices are higher than ever and increasing.
nem_erdekel on
-28% in Italy? lol…. I’ve only been here for 6 years and the prices doubled
Ambitious_Major_8894 on
Romania is absolutely wrong. Housing prices increased between 100-200% in the last 10 years (depends on the region). For example: i bought an apartment in 2017 for 40k and now its worth around 90k and thats the case for 95% of the houses/apartments. 10 years ago you found pretty good new 2 room apartments for even under 30k mostly and the same apartments are now worth the double or more. In like 5-10 years you wont find here any apartment for under 100k, even 1 room apartments. Maybe in the countryside though where your apartment gets smoked all day by your neighbours grilling.
Gruffleson on
What are this measured in, number of Bitcoins you need?
Tricky_Routine_7952 on
The trends could be universal, just happening at different times, according to maturity of the market etc.
More work needed.
No-Comedian-4589 on
Countries with highest increase need (looking on you, Portugal):
– Add much higher taxes on 3rd+ property scaled up with each additional house.
– Additional taxes on empty properties or incentives for long-term rent.
– Limit institutional investors from speculations, allow only investments in new developments.
– Disconnect Golden Visa programs from habitual properties, or allow them only to rural areas that need investments for renovation. Instead Golden Visas (with tight screening, no ruzian oligarchs) for investment in tech and industrial sectors with employment of locals.
LWKD on
Last 3 years? What is the timeline?
Cause as a Dutch realtor I can tell you that dip at the start can only be 2022 l but the dip at the end is definitely not correct.
But if 3 years the rest others are not correct. If longer than 3 years the 17% in NL is not correct. This whole graphic is whack. Since 2015 prices have more than risen with 200%, please show that.
Currently our housing market is so tight that people are overbidding by 40-70.000 per house to have a chance at one. Rising material prices and emission restrictions are killing the market for everyone. It’s bad, so bad
NastyStreetRat on
Spaniard here. That info about Spain IS FALSE.
GiantKingCamel on
Portugal to the moon!
WhyDoINeedToLogIn-BS on
Lol look at Italy. They count these tiny 2 person villages that used to have 100 people and therefore 49 houses are now sitting there unsold into the numbers. Where people actually live (cities) prices are through the roof, but they point at some hovel in the middle of nowhere and say “see! Live there!” in order to pretend there’s no problem.
Kevcky on
This is adjusted for inflation. Looks like most of the commenters didnt see that.
I like that the cost is going down in most countries good to see still a big problem that needs to be addressed but still good news in my book
CopperThief29 on
Its going up in Spain in all cities, and also the rents.
On the other hand, a lot of villages are getting empty, and people sell those properties a lot, lot cheaper, but they still get abandoned.
Certain regions of the country lack enough jobs and infrastructure to be attractive, though I think, many other actually did and few people realized before covid, so some rural areas are having a comeback
dat_9600gt_user on
Poland depends on location. Smaller cities declined the hardest in the 90s but said decline had never actually ended.
Honestly I’m surprised they eve bothereed to build new flats near me. The town I’m in had not seen new non-online job offers in years and you can tell – very few even deign to move here.
Artistic_Data9398 on
Why would there be. There are way too many variables at play.
Andreas1120 on
Is there any nice beach left in Italy?
anton_d66 on
Context matters, South Europe has a lot of smaller places where prices are practically nothing, while the cities are becoming rapidly unaffordable.
Analysing the entire country is misleading.
I’m pretty sure if the study looks at housing prices across major European cities there would definitely be a trend.
Independent_Pitch598 on
Better to compare cities and not countries.
Internal-Revenue-904 on
Spain has doubled its housing prices and yet the graph shows whatever
Intro-Nimbus on
No? What I see is a general trend of the prices levelling or falling, with 2 exceptions: Portugal and Greece.
absurdherowaw on
XDDDDDDDDDD
c_cristian on
Romania is accurately shown here. House prices in Bucharest have doubled-tripled since 2010 but salaries have increased 6 times (national average in 2010 1500 lei gross, now in 2025 9000 lei gross, significantly higher in Bucharest). Meanwhile the currency has depreciated by around 25% to the euro.
apxseemax on
So 10/12 charts going up over the same years even tho being inflation adjusted is “no universal trend”? I beg to differ.
Sfootpj on
People are moving to country’s that pay a fair wage . Italy Spain ect ect get paid shite compared to the other countries that are booming
manupmanu on
As stated in the graphic it is adjusted for inflation which seems to be overlooked by some comments. Additionally i think buying real estate in southern Europe seems really cheap compared to austria or Germany. I mean i have no clue if these are fake offers but if they are real buying property in naples and other big italian cities is soooo cheap https://www.idealista.it/en/immobile/32214389/
PsyShanti on
As an Italian, this chart is bullshit…. -28% lol
Gullible_Ad7268 on
Housing prices rise in places where jobs are created. Then people can’t afford it anymore, the housing crisis happens, capital moves to other healthy places and this is how REIT money circulates in economy :p
Outrageous_Ad_4949 on
Now do the same chart with population over the past 20 years
39 commenti
> One of the most pressing problems I hear from European friends is that they cannot find an affordable place to live. Housing costs represent one of the largest expenses for most Europeans. While many people rent, purchasing a home remains a goal for some.
> The chart shows the change in house prices of residential properties purchased by households in 12 countries across the European Union since 2010. In many, prices have increased sharply (even after inflation). Portugal shows the most dramatic increase, with prices rising by 50%.
> But this large increase has not happened everywhere. Rises have been more modest in France and Belgium, and prices have actually fallen considerably in Romania and Italy.
> These huge differences matter to young Europeans hoping to find their first home after leaving their family house.
> By Simon van Teutem
https://ourworldindata.org/data-insights?utm_term=0_2e166c1fc1-77833dd717-599371395
try filtering by prices in big cities.
Property tax would decrease housing prices.
Only 17% increase in the Netherlands since 2010? Looks way too low.
yeah turns out depopulating lowers the housing prices
-13% in Spain? Yeah, sure.
does anybody know how this compares to the US, Canada and Australia in the same timeframe?
It also correlates to rental properties being used on the stock market through REITs
i highly doubt this. houses in Romania cost an entire fortune
Romania …. sure, in the countryside, since young people leave for cities or other EU countries. In cities the prices are higher than ever and increasing.
-28% in Italy? lol…. I’ve only been here for 6 years and the prices doubled
Romania is absolutely wrong. Housing prices increased between 100-200% in the last 10 years (depends on the region). For example: i bought an apartment in 2017 for 40k and now its worth around 90k and thats the case for 95% of the houses/apartments. 10 years ago you found pretty good new 2 room apartments for even under 30k mostly and the same apartments are now worth the double or more. In like 5-10 years you wont find here any apartment for under 100k, even 1 room apartments. Maybe in the countryside though where your apartment gets smoked all day by your neighbours grilling.
What are this measured in, number of Bitcoins you need?
The trends could be universal, just happening at different times, according to maturity of the market etc.
More work needed.
Countries with highest increase need (looking on you, Portugal):
– Add much higher taxes on 3rd+ property scaled up with each additional house.
– Additional taxes on empty properties or incentives for long-term rent.
– Limit institutional investors from speculations, allow only investments in new developments.
– Disconnect Golden Visa programs from habitual properties, or allow them only to rural areas that need investments for renovation. Instead Golden Visas (with tight screening, no ruzian oligarchs) for investment in tech and industrial sectors with employment of locals.
Last 3 years? What is the timeline?
Cause as a Dutch realtor I can tell you that dip at the start can only be 2022 l but the dip at the end is definitely not correct.
But if 3 years the rest others are not correct. If longer than 3 years the 17% in NL is not correct. This whole graphic is whack. Since 2015 prices have more than risen with 200%, please show that.
Currently our housing market is so tight that people are overbidding by 40-70.000 per house to have a chance at one. Rising material prices and emission restrictions are killing the market for everyone. It’s bad, so bad
Spaniard here. That info about Spain IS FALSE.
Portugal to the moon!
Lol look at Italy. They count these tiny 2 person villages that used to have 100 people and therefore 49 houses are now sitting there unsold into the numbers. Where people actually live (cities) prices are through the roof, but they point at some hovel in the middle of nowhere and say “see! Live there!” in order to pretend there’s no problem.
This is adjusted for inflation. Looks like most of the commenters didnt see that.
I feel like the colours should be switched here
nonsense. housing crisis everywhere except villages…
I like that the cost is going down in most countries good to see still a big problem that needs to be addressed but still good news in my book
Its going up in Spain in all cities, and also the rents.
On the other hand, a lot of villages are getting empty, and people sell those properties a lot, lot cheaper, but they still get abandoned.
Certain regions of the country lack enough jobs and infrastructure to be attractive, though I think, many other actually did and few people realized before covid, so some rural areas are having a comeback
Poland depends on location. Smaller cities declined the hardest in the 90s but said decline had never actually ended.
Honestly I’m surprised they eve bothereed to build new flats near me. The town I’m in had not seen new non-online job offers in years and you can tell – very few even deign to move here.
Why would there be. There are way too many variables at play.
Is there any nice beach left in Italy?
Context matters, South Europe has a lot of smaller places where prices are practically nothing, while the cities are becoming rapidly unaffordable.
Analysing the entire country is misleading.
I’m pretty sure if the study looks at housing prices across major European cities there would definitely be a trend.
Better to compare cities and not countries.
Spain has doubled its housing prices and yet the graph shows whatever
No? What I see is a general trend of the prices levelling or falling, with 2 exceptions: Portugal and Greece.
XDDDDDDDDDD
Romania is accurately shown here. House prices in Bucharest have doubled-tripled since 2010 but salaries have increased 6 times (national average in 2010 1500 lei gross, now in 2025 9000 lei gross, significantly higher in Bucharest). Meanwhile the currency has depreciated by around 25% to the euro.
So 10/12 charts going up over the same years even tho being inflation adjusted is “no universal trend”? I beg to differ.
People are moving to country’s that pay a fair wage . Italy Spain ect ect get paid shite compared to the other countries that are booming
As stated in the graphic it is adjusted for inflation which seems to be overlooked by some comments. Additionally i think buying real estate in southern Europe seems really cheap compared to austria or Germany. I mean i have no clue if these are fake offers but if they are real buying property in naples and other big italian cities is soooo cheap https://www.idealista.it/en/immobile/32214389/
As an Italian, this chart is bullshit…. -28% lol
Housing prices rise in places where jobs are created. Then people can’t afford it anymore, the housing crisis happens, capital moves to other healthy places and this is how REIT money circulates in economy :p
Now do the same chart with population over the past 20 years