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Rents up by 16%, house prices by 42% since 2010

Rents and house prices in the EU have continued their steady increase in the fourth quarter of 2021, going up by 1.3% and 10.0% respectively, compared with the fourth quarter of 2020.

Between 2010 and the second quarter of 2011, house prices and rents in the EU followed similar paths, but since the second quarter of 2011, those paths have diverged significantly. While rents increased steadily throughout the period up to the fourth quarter of 2021, house prices have fluctuated considerably.

After a sharp decline between the second quarter of 2011 and the first quarter of 2013, house prices remained more or less stable between 2013 and 2014. Then, there was a rapid rise in early 2015, since when house prices have increased at a much faster pace than rents.

Over the period 2010 until the fourth quarter of 2021, rents increased by 16% and house prices by 42%.

Eurostat, 8 April 2022