Despite variation across European countries, many exhibit substantial year-on-year increases in the Owner Occupied Price Index. The highest growth is observed in Hungary with 22.3%, while Italy displays minimal change at 2.5%. This variation reflects differing market dynamics and economic conditions across Europe. Central and Eastern European countries such as Hungary, Slovakia, and the Czech Republic witness significant market growth, likely due to stronger economic development and domestic demand. Meanwhile, Western European nations like Italy, Ireland, and the Netherlands experience more moderate gains, indicating more stable market conditions or other constraints.
Future trends to watch include the impact of potential economic slowdowns on housing markets, which could moderate price growth, particularly in nations currently experiencing rapid increases. Additionally, policies targeting inflation and interest rates could affect home ownership affordability and drive future price trends in European countries.
Top countries in Owner Occcupied Price Index on Ownership of Dwellings by Country
| # | 10 Countries | Percent, Change on Previous Period | Last Year | |
|---|---|---|---|---|
| 1 | 1 Hungary | 22.3 | 2022 | View data |
| 2 | 2 Slovakia | 21.3 | 2022 | View data |
| 3 | 3 Croatia | 18.2 | 2022 | View data |
| 4 | 4 Czech Republic | 18 | 2022 | View data |
| 5 | 5 Estonia | 17.8 | 2022 | View data |
| 6 | 6 Lithuania | 17.4 | 2022 | View data |
| 7 | 7 Cyprus | 15.6 | 2022 | View data |
| 8 | 8 Latvia | 15.3 | 2022 | View data |
| 9 | 9 Poland | 15.1 | 2022 | View data |
| 10 | 10 Malta | 14.3 | 2022 | View data |
