Year-on-year house prices rose in the first quarter of 2025 by 5.4% in the euro area and 5.7% in the European Union (EU), with Portugal recording the highest increase (16.3%) among the Member States, Eurostat reported on Friday 4 July 2025.
Compared with the fourth quarter of 2024, house prices rose by 1.3% in the euro area and 1.4% in the EU between January and March, with Portugal recording the second largest increase (4.8%).
Among the Member States for which data are available, one recorded an annual decrease in house prices in the first quarter of 2025, while 25 recorded an annual increase.
The decrease was recorded in Finland (-1.9%), while the largest increases were seen in Portugal (16.3%), Bulgaria (15.1%) and Croatia (13.1%).
Compared with the fourth quarter of 2024, prices fell in four Member States and rose in 22 Member States.
The largest decreases were observed in Slovenia (-2.0%), Luxembourg (-1.2%) and Finland (-1.0%), while the largest increases occurred in Hungary (5.2%), Portugal (4.8%) and Croatia (4.5%), Eurostat concludes.