Housing Transactions Drop Across EU for Second Consecutive Year

0 Shares
0
0
0
0
0

In 2023, the number of housing transactions decreased in 13 out of the 16 EU countries for which data are available, compared with 2022. This marks the second consecutive year that the majority of reporting countries have registered drops in sales.

In Slovenia, the decline in transactions has continued for the second consecutive year. In 2023, there was a -20% drop. According to current data, an additional decline is expected in 2024. Data show that in Ljubljana, Q1-2024 saw a -23% decrease in transactions compared to Q4-2023, with a similar trend observed in other cities across Slovenia.

The largest decreases in the number of transactions in 2023 were recorded in Luxembourg (-43.3%), Austria (-26.4%), Hungary, and Finland (each -24.5%). In contrast, increases were registered in Cyprus (+31.0%), Poland (+3.9%), and Ireland (+0.6%).

foto:eurostat

The year before, in 2022, 10 out of 16 reporting countries registered decreases in the number of sales. The largest decrease was recorded in Denmark (-24.8%), while the number of sales increased the most in Cyprus (+27.4%).

Source: Eurostat

0 Shares
You May Also Like