Benchmark · quarterly · index

European house prices vs rents

Have European house prices outpaced rents?

European house prices vs rents tracks house-price and rent indices rebased to 2015 Q1. It uses quarterly data.
Readingsquarterly
HPI
169.56index
Rent index
123.32index
Price/rent ratio
137.49index
One-year change
+2.91 index
from 134.58
Historical percentile
95th
of 45 readings · since 2015-03-31
European house prices vs rents
Data through Q1 2026
80.0100.0120.0140.0160.0180.0Q1 2015Q2 2017Q3 2019Q3 2021Q4 2023Q1 2026
House prices
Rent index
European house prices vs rents: summary statistics (Max range)
SeriesFirstLatestMinMax
House prices100.00169.56100.00169.56
Rent index100.00123.32100.00123.32
Source
Eurostat
Frequency
quarterly
Data through
Q1 2026
Refreshed
11 Aug 2026
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How this is calculated

Formula
House-price and rent indices rebased to 2015 Q1

PIER20 calculates this benchmark from official observations from Eurostat. The formula is house-price and rent indices rebased to 2015 Q1. The source table lists each selector and source link.

The latest data is from Q1 2026. The House prices reading is 169.56 index. The Rent index reading is 123.32 index. The Price/rent ratio reading is 137.49 index. The House prices line is up 5.1% over the past year. It is above its long-run median of 130.30 index.

How to read it

How to read it

The ratio rises when house prices grow faster than rents. Both indices equal 100 in the first quarter of 2015.

How this benchmark is used

Why traders watch it

Traders use this benchmark to compare European housing values with rental costs.

Frequently asked questions

4 answers
What is the latest reading for European house prices vs rents?

The latest data is from Q1 2026. The House prices reading is 169.56 index. The Rent index reading is 123.32 index. The Price/rent ratio reading is 137.49 index. The House prices line is up 5.1% over the past year. It is above its long-run median of 130.30 index.

How often does this benchmark update?

The source publishes quarterly data. PIER20 updates the page after each new observation. The chart shows the data date and fetch date.

What data sources does this chart use?

Eurostat publishes the data. The methodology section lists each source series.

Where does the data come from?

Eurostat publishes the source data. The source table lists each series and its exact link.

MarkdownMachine-readable version of this benchmark

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