House price growth in Europe by country
House price growth across Europe (Q2 2026) ranges from 16.5% (Portugal) down to −2.7% (Finland), against a euro-area average of 4.0%.
House prices are not part of consumer-price inflation. The House Price Index measures the transaction prices of dwellings bought by households; the HICP measures the prices of goods and services consumed. Owner-occupied housing is not in headline HICP.
| 12-mo trend | ||||
|---|---|---|---|---|
| 🇵🇹Portugal | 16.5%Q2 2026 | ▼ 1.3 | ▼ 0.7 | ▼ |
| 🇧🇬Bulgaria | 15.5%Q2 2026 | ▲ 0.7 | 0.0 | ▲ |
| 🇱🇹Lithuania | 14.3%Q2 2026 | ▲ 2.4 | ▲ 5.5 | ▲ |
| 🇸🇰Slovakia | 13.6%Q2 2026 | ▼ 0.8 | ▲ 2.3 | ▲ |
| ðŸ‡ðŸ‡·Croatia | 12.7%Q2 2026 | â–¼ 1.6 | â–¼ 0.1 | â–¼ |
| 🇪🇸Spain | 12.1%Q2 2026 | ▼ 0.7 | ▼ 0.7 | ▼ |
| 🇷🇴Romania | 12.1%Q2 2026 | ▲ 4.3 | ▲ 7.4 | ▲ |
| 🇱🇻Latvia | 11.4%Q2 2026 | ▲ 1.1 | ▲ 4.9 | ▲ |
| ðŸ‡ðŸ‡ºHungary | 10.2%Q2 2026 | â–¼ 3.9 | â–¼ 5.2 | â–¼ |
| 🇩🇰Denmark | 9.4%Q2 2026 | ▲ 1.2 | ▲ 2.1 | ▲ |
| 🇸🇮Slovenia | 9.1%Q2 2026 | ▼ 0.2 | ▲ 0.9 | ▲ |
| 🇨🇿Czechia | 8.6%Q2 2026 | ▼ 1.4 | ▼ 1.9 | ▼ |
| 🇨🇾Cyprus | 7.9%Q2 2026 | ▲ 4.5 | ▲ 5.0 | ▲ |
| 🇲🇹Malta | 6.9%Q2 2026 | ▲ 0.1 | ▲ 1.3 | ▲ |
| 🇵🇱Poland | 6.3%Q2 2026 | ▲ 0.4 | ▲ 1.6 | ▲ |
| 🇮🇪Ireland | 6.0%Q2 2026 | ▼ 0.8 | ▼ 1.8 | ▼ |
| 🇪🇪Estonia | 5.8%Q2 2026 | ▼ 0.1 | ▲ 0.3 | ▲ |
| 🇦🇹Austria | 5.1%Q2 2026 | ▲ 2.3 | ▲ 3.5 | ▲ |
| 🇸🇪Sweden | 4.8%Q2 2026 | ▲ 2.2 | ▲ 4.2 | ▲ |
| 🇳🇱Netherlands | 4.3%Q2 2026 | ▼ 1.0 | ▼ 5.2 | ▼ |
| 🇳🇴Norway | 4.2%Q2 2026 | ▼ 0.4 | ▼ 1.1 | ▼ |
| 🇮🇹Italy | 4.0%Q2 2026 | ▼ 1.1 | ▲ 0.1 | ▲ |
| 🇨ðŸ‡Switzerland | 3.5%Q2 2026 | â–¼ 1.2 | â–¼ 1.5 | â–¼ |
| 🇮🇸Iceland | 2.7%Q2 2026 | ▼ 0.1 | ▼ 3.6 | ▼ |
| 🇧🇪Belgium | 2.1%Q2 2026 | ▲ 0.2 | ▼ 0.8 | ▼ |
| 🇩🇪Germany | 0.6%Q2 2026 | ▼ 0.6 | ▼ 2.7 | ▼ |
| 🇫🇷France | −0.8%Q2 2026 | ▼ 0.8 | ▼ 1.5 | ▼ |
| 🇱🇺Luxembourg | −2.2%Q2 2026 | ▼ 3.5 | ▼ 6.8 | ▼ |
| 🇫🇮Finland | −2.7%Q2 2026 | ▼ 0.7 | ▼ 1.1 | ▼ |
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Source: Eurostat (prc_hpi_q) · data through Q2 2026 · released 2026-10-01 · modifications: none
See the euro-area aggregate →
Frequently asked questions
- Which European country has the highest house price growth?
- Portugal, at 16.5%.
- Which European country has the lowest house price growth?
- Finland, at −2.7%.
- What is the euro-area average house price growth?
- The euro-area average is 4.0%.