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Eurozone house price growth by country

House price growth across the euro area (Q1 2026) ranges from 17.8% (Portugal) down to -2.0% (Finland), against a euro-area average of 4.7%.

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.

🇵🇹Portugal17.8%Q1 2026▲ 1.5
🇧🇬Bulgaria14.8%Q1 2026▼ 0.3
🇸🇰Slovakia14.4%Q1 2026▲ 2.2
🇭🇷Croatia14.3%Q1 2026▲ 1.0
🇪🇸Spain12.8%Q1 2026▲ 0.5
🇱🇹Lithuania11.9%Q1 2026▲ 3.1
🇱🇻Latvia10.9%Q1 2026▲ 5.5
🇸🇮Slovenia9.3%Q1 2026▲ 2.8
🇮🇪Ireland6.8%Q1 2026▼ 1.1
🇲🇹Malta6.7%Q1 2026▲ 0.8
🇪🇪Estonia5.9%Q1 2026▲ 1.3
🇮🇹Italy5.2%Q1 2026▲ 0.8
🇳🇱Netherlands5.2%Q1 2026▼ 5.5
🇦🇹Austria4.2%Q1 2026▲ 0.7
🇨🇾Cyprus3.4%Q1 2026▼ 1.3
🇧🇪Belgium2.0%Q1 2026▼ 0.7
🇱🇺Luxembourg1.7%Q1 2026▲ 0.7
🇩🇪Germany1.4%Q1 2026▼ 2.4
🇫🇷France0.1%Q1 2026▼ 0.4
🇫🇮Finland-2.0%Q1 2026▲ 0.3
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Source: Eurostat (prc_hpi_q) · data through Q1 2026 · released 2026-07-02 · modifications: none

See the euro-area aggregate →

Frequently asked questions

Which euro-area country has the highest house price growth?
Portugal, at 17.8%.
Which euro-area country has the lowest house price growth?
Finland, at -2.0%.
What is the euro-area average house price growth?
The euro-area average is 4.7%.