In 2024, European countries show a varied Owner Occupied Price Index on New Dwellings, with Hungary, Iceland, Lithuania, Estonia, and the Czech Republic leading notable increases. Hungary tops the list, suggesting significant property market dynamics. Conversely, countries like Finland, Cyprus, and Belgium see more stabilized growth, indicating a potentially saturated market or stable economic conditions. Emerging trends see Eastern European countries experiencing stronger growth, reflecting economic expansion and increased demand for new dwellings.
Future trends to watch include economic policies impacting housing, shifts in residential demand due to demographic changes, and interest rate variances influencing purchasing power. Market volatility could arise from geopolitical factors and economic uncertainties prevalent within the region.
Top countries in Owner Occcupied Price Index on New Dwellings by Country
| # | 10 Countries | Percent, Change on Previous Period | Last Year | |
|---|---|---|---|---|
| 1 | 1 Hungary | 21.3 | 2022 | View data |
| 2 | 2 Iceland | 21 | 2022 | View data |
| 3 | 3 Lithuania | 19.8 | 2022 | View data |
| 4 | 4 Estonia | 17.7 | 2022 | View data |
| 5 | 5 Czech Republic | 17.6 | 2022 | View data |
| 6 | 6 Croatia | 17.5 | 2022 | View data |
| 7 | 7 Slovakia | 16.3 | 2022 | View data |
| 8 | 8 Sweden | 14.7 | 2022 | View data |
| 9 | 9 Latvia | 12.9 | 2022 | View data |
| 10 | 10 Austria | 12.8 | 2022 | View data |
