According to the latest data published by Eurostat, housing prices in the countries of the European Union rose by 5.5% year-on-year in the last quarter of 2025. At the same time, in the euro area this figure stood at 5.2% compared with the same period of the previous year. In both cases, the EU average remained significantly below the rise in prices for housing in Spain (12.9%).
House prices in Spain accelerated by 0.1% compared with the two previous quarters and marked the strongest increase since the first quarter of 2007. In addition, for three consecutive years Spain has significantly outpaced the average growth in real estate prices in both the EU-27 and the euro area in every quarter.
Among the countries for which data are available, growth was recorded in 25, and in 9 of them it was in double digits. The highest year-on-year increases were observed in Hungary (21.2%), Portugal (18.9%) and Croatia (16.1%); they were followed by Spain (12.9%), Slovakia (12.8%), Bulgaria (12.6%), Latvia (11%), Lithuania (10.8%) and the Czech Republic (10.4%). The most moderate figures were recorded in Sweden (1.2%), France (1%) and Luxembourg (0.1%), while Finland became the only country where housing prices fell year-on-year in the fourth quarter of 2025 (-3.1%).
Compared with the previous quarter, prices fell in France (-0.7%), Finland (-0.5%) and Estonia (-0.3%), while the strongest increases were recorded in Slovenia (+5.1%), Hungary (+4.2%) and Portugal (+4%). Across the EU, quarterly growth in housing prices reached 0.8%, in the euro area – 0.6%, and in Spain – 1.8%, which is the tenth-highest figure in the ranking.
