Suburbs surge, cities slide: Which EU countries saw rents and house prices rise?

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Suburbs surge, cities slide: Which EU countries saw rents and house prices rise?  Houses in Hungary and Estonia tripled in price from the last quarter of 2024 to 2010 — and rents are going up too.  READ MORE : http://www.euronews.com/2025/04/15/suburbs-surge-cities-slide-which-eu-countries-saw-rents-and-house-prices-rise  Subscribe to our channel. Euronews is available on Dailymotion in 12 languages

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00:00Are house prices between city centres and the suburbs changing in the EU?

00:09In the last three months of 2024, house prices in the EU rose by 4.9%,

00:16while rents increased by 3.2% compared to the same period in 2023.

00:22This shows a continued upward trend in housing costs.

00:25From 2010 to 2024, house prices more than tripled in Hungary and Estonia,

00:32while they more than doubled in Lithuania, Latvia, the Czech Republic, Portugal, Bulgaria, Austria and Luxembourg.

00:40Italy was the only country where house prices decreased during this period.

00:45However, this general trend masks significant regional variations.

00:49For example, in Germany, city centre properties have experienced sharper price declines

00:55compared to those in outlying neighbourhoods.

00:59Since 2022, house prices in the city centre of Hamburg have fallen by 17.8%,

01:06while those on the outskirts saw a decline of 11.8%.

01:11Similarly, Dusseldorf's central areas experienced a 17.5% drop,

01:17compared to a 12.4% decrease in known central neighbourhoods.

01:22Experts suggest that evolving housing preferences and the rise of remote work may be influencing these shifts.

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