House price index dynamics
- Eurostat dataset
- prc_hpi_a
- Reference period
- 2025
- Unit of measure
- index, 2015 = 100
Key estimates
- EU aggregate (2025): 161.9 index, 2015 = 100.
- Highest value: Hungary at 366.6 index, 2015 = 100; lowest: Finland at 99.0 index, 2015 = 100.
- Cross-country mean 192.0 index, 2015 = 100, standard deviation 54.9, coefficient of variation 28.6% across 30 reporting countries.
- Aggregate change 2014→2025: +98.9% on a constant panel of 30 countries.
How far have European house prices risen since 2015? Eurostat dataset prc_hpi_a reports house price index dynamics for 30 reporting countries, with 2025 as the most recent period carrying broad coverage. The European aggregate stands at 161.9 index, 2015 = 100. The house price index covers both new and existing dwellings and is deflator-free, so it reports nominal movement.
The five highest values in 2025 are recorded by Hungary (366.6), Portugal (263.9), Iceland (263.1), Lithuania (258.1), Bulgaria (249.2), all expressed in index, 2015 = 100. At the opposite end of the distribution sit Finland (99.0), Italy (116.2), France (127.3), Sweden (133.4), Belgium (144.9). The ratio between the highest and the lowest observation is 3.70, while the median country reports 177.1 index, 2015 = 100 against a mean of 192.0 index, 2015 = 100.
Dispersion is moderate: the standard deviation across countries is 54.9 index, 2015 = 100, giving a coefficient of variation of 28.6%. The mean sits above the median, which indicates that the distribution is pulled by the upper tail rather than being symmetric. Any European average quoted for this indicator therefore describes a synthetic country that few Member States resemble.
Between 2014 and 2025 the summed value across the 30 countries reporting in both periods moved by +98.9%. The largest relative increases are observed in Hungary (+314.6%), Iceland (+184.8%), Portugal (+171.9%); the largest decreases, or the smallest increases, in Finland (-1.0%), Italy (+11.7%), France (+25.6%). Because the panel is held constant, this change is not an artefact of countries entering or leaving the sample.
This indicator has no normatively preferred direction; its analytical value lies in the structure of the distribution and in how national positions move relative to each other over time. The estimates above are reproducible: the dataset identifier, filter dimensions and reference period are stated in the methodological note, and the series can be re-downloaded from the Eurostat dissemination API at any time.
Methodological note
Source: Eurostat, dataset prc_hpi_a ('House price index - annual data'), extracted from the Eurostat dissemination API (JSON-stat 2.0) on the dataset update of 2026-07-02. Filter dimensions: unit=I15_A_AVG; purchase=TOTAL. Unit of measure: index, 2015 = 100. Reference period: 2025. Geographic perimeter: national reporting units with two-character geo codes (30 countries with a non-missing observation); European and euro-area aggregates are excluded from the cross-country statistics and reported separately. Descriptive statistics (mean, median, population standard deviation, coefficient of variation) are computed unweighted over reporting countries. Change over time is computed on a constant panel: only countries with a non-missing observation in both the base and the reference period enter the calculation, which removes composition effects but may differ from the officially published aggregate. No imputation, seasonal adjustment or re-scaling has been applied beyond what Eurostat performs at source. Flagged provisional and estimated observations are retained as published.
Source data
The underlying series can be inspected and re-downloaded from the Eurostat data browser.