
Real Estate Prices: The Upward Trend Reaches All of Europe
20 novembre 2025
In Luxembourg, price increases often seem exceptional. Yet recent data shows that this trend is part of a broader European dynamic.
According to the Eurostat report “Ongoing rise: house prices and rents climb further” published in October 2025, the trend is clear: between the second quarter of 2024 and the second quarter of 2025, housing prices increased by 5.4% in the European Union, while rents rose by 3.2%. In the long run, from 2010 to 2025, the average increase exceeds 60% across the EU, showing that the real estate surge is far from a local phenomenon.
In this context, Luxembourg — where prices have more than doubled since 2010 (+102%) — ranks among the highest increases. Other countries show even sharper rises: Hungary (+277%), Estonia (+250%), while Italy stands out as the only notable exception with a slight decline of -1% over the same period. A clear reminder that, despite differences, the dominant trend remains upward across Europe.
As for the local context, it acts more as an amplifier than an isolated cause. Population growth, economic attractiveness and limited land availability intensify pressure on the Luxembourg market, but these elements primarily reinforce a pre-existing European movement: limited new housing supply, rising construction costs and strong demand across most countries.