29 August 2022

Property Index – Real Estate Prices: How Europeans Live and What It Costs Them

This study contains comprehensive information on selected European residential markets – how Europeans live and what it costs them.

Property Index

Out of the countries observed, the worst affordability of one's own housing is in Serbia, where citizens spend a multiple of 15.2 of their gross annual salaries on an average apartment with area of 70 m2. Compared to the previous year, situation has also worsened in the Czech Republic, where more than 12 gross annual salaries are needed on average to buy a new apartment. Among the cities in the Property Index, the most expensive new housing is in Paris, where the price of a new apartment attacks the limit of 13,000 EUR per m2. It is interesting that new construction is the most successful in Austria, which last year initiated  construction of 10.9 dwellings per 1,000 inhabitants although the average price of a new apartment is the highest among national averages.

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    Property Index – Real Estate Prices

    This study contains comprehensive information on selected European residential markets – how Europeans live and what it costs them.