In 2023, Lithuania, Hungary, and Slovenia led the European Rental Housing HICP with values notably above 16,000, highlighting significant growth in these markets. Lithuania and Hungary experienced the highest year-on-year variations of 7.52% and 7.89%, respectively. Estonia and Poland also showed strong performance with values exceeding 15,000 and close to 6% growth. Western European countries such as Austria, Portugal, and Belgium exhibited more moderate increases, ranging between 2.95% and 3.51%. Major economies like Germany and France had subdued growth rates of 1.57% and 0.89%, respectively, indicating a stabilization trend.
Future trends to watch in European Rentals for Housing HICP include:
- Potential continued growth in Eastern European markets driven by economic expansion and increased housing demand.
- Moderate growth expected in Western European countries as markets mature and housing affordability becomes a focus.
- Increasing influence of governmental policies and inflation control measures impacting overall rental prices.
Top countries in Rentals for Housing HICP by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Lithuania | 168.22 | 2023 | +9.93% | +7.52% | View data |
| 2 | 2 Hungary | 166.48 | 2023 | +13.77% | +7.89% | View data |
| 3 | 3 Slovenia | 160.42 | 2023 | +12.35% | +7.13% | View data |
| 4 | 4 Estonia | 159.04 | 2023 | +0.3% | +5.39% | View data |
| 5 | 5 Poland | 158.4 | 2023 | +11.55% | +7.9% | View data |
| 6 | 6 Ireland | 157.7 | 2023 | +7.35% | +5.03% | View data |
| 7 | 7 Iceland | 145.85 | 2023 | +8.33% | +5.07% | View data |
| 8 | 8 Austria | 132.35 | 2023 | +7.86% | +3.51% | View data |
| 9 | 9 Portugal | 121.05 | 2023 | +4.54% | +2.95% | View data |
| 10 | 10 Belgium | 119.67 | 2023 | +5.94% | +3.02% | View data |