In the second quarter of 2025, house prices, as measured by the House Price Index, increased by 5.1% in the euro area and by 5.4% in the EU compared with the same quarter of the previous year, according to latest Eurostat data.
Compared with the first quarter of 2025, house prices increased by 1.7% in the euro area and by 1.6% in the EU in the second quarter of 2025.
Latvia’s house prices are running some way ahead of those figures. Compared with the first quarter of 2025, house prices increased by 3.2% in Latvia in the second quarter of 2025. Compared to the second quarter of 2024, the rise was 6.7%.
Among the Member States for which data are available, one country showed an annual decrease in house prices in the second quarter of 2025, and twenty-five showed an annual increase. The fall was registered in Finland (-1.3%), while the highest increases were recorded in Portugal (+17.2%), Bulgaria (+15.5%) and Hungary (+15.1%).
Compared with the previous quarter, prices decreased in two Member States and increased in twenty-four Member States. The falls were registered in France (-0.2%) and Belgium (-0.1%), while the highest increases were recorded in Portugal (+4.7%), Luxembourg (+4.5%) and Croatia (+4.4%).
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