European residential monitor

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Latest quarter — — —
EU median, y/y
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Fastest rising
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Furthest below peak
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Dearest city
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Still correcting
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Two cities, side by side

Pick any two. Bars are scaled to the larger of the pair, so the shorter bar reads as the share. Country-level rows carry each city's country, not the city itself.

Measure——

Where prices are moving

Year-on-year change in the house price index at the latest published quarter. Countries whose series has stopped updating are excluded and named under coverage.

Annual price change by country

Eurostat and BIS selected house-price indices; Georgia uses the Tbilisi new-build index. Underlying coverage varies by source. Blue rising, red falling. Non-EU markets are shown lighter.

What inflation took back

Cumulative change since 2015, nominal against inflation-adjusted. The bar between the dots is the part of the headline rise that was general inflation rather than housing becoming dearer. Both nominal and real series are from the BIS, matched by country and quarter.

A decade of prices

Eurostat's index is based on 2015; Georgia's is based on the 2020 average, so the two cannot share an axis as published. Rebasing to 2020 puts them on one footing and brings Georgia in. Historical quarterly series for Armenia and Azerbaijan are not included in this dataset.

Rebase

What a square metre costs

Apartment price per square metre. Definitions differ by source: Tbilisi uses new-build asking prices. Inspect city source notes before comparing. Cities without published prices are omitted rather than shown as zero.

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Apartment price per square metre

Euro per m². The period beside each bar is what that figure is from.

Years of income for a 70 m² flat

City price per m² times 70, over median disposable annual household income. Only cities with both inputs from the same reporting year.

Persons per apartment

Average usual residents in an apartment, using apartment residents and corresponding occupied or census-enumerated apartments, or a published apartment-specific household average. Citywide population and vacant housing stock are not substituted. Definitions and years remain visible; this is not a shortage score.

Occupancy definitions and sources

The country around the market

National net migration describes country inflows and outflows; it does not show whether a particular city is gaining or losing people. City net migration and population growth are separate criteria in Custom dashboards. Governance scores are the Worldwide Governance Indicators, 0–100. Business Location is a national B-READY topic covering property transfer, building and environmental permits. The custom dashboard includes all three B-READY pillars and ten topics. Doing Business was discontinued in 2021; historical rankings are not current business-environment scores.

Country Price y/y National net migration Corruption control Regulatory quality B-READY location Housing overburden

Inside Tbilisi and Yerevan

District-level price snapshots are included for two cities. Tbilisi from Geostat's quarterly spreadsheet, Yerevan from the Cadastre Committee.

Tbilisi, Yerevan, Baku

Prices, rents and housing counts from national statistics and public market research. Each measure keeps its own period and sample. Per-apartment rents are shown separately from per-m² rents; euro conversions use dated NBG rates.

Every city tracked

City Country €/m² From Age (mo) Persons/apartment Rent €/m²/yr Income € Yrs to buy Population

What the houses are publishing

Monthly research observations carry their reporting period, unit and sample definition. Validated report adapters preserve the last good value when a publication layout changes.

Where the numbers come from

Data sources

Source What it gives Cadence

What this page does not show

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