According to reports, the rise in house prices in the euro zone will begin to slow down next year, and house prices will continue to rise, but it will be more milder. According to the latest forecast, among the 11 European countries that have been analyzed, house prices will slow from the average growth of 2021 to 5% and 3% in 2023 forecasts.
In Spain, the price in 2022 will rise by 4.6%, but by 2023, it will slow to 4%, 3.5% in 2024, and 3.2% in 2025. Taking Germany as an example, experts estimate that the price has risen by 8%this year, and rose 4.5%in 2025. In France, the price increases in 2022 and 2025 were 4.5% and 3%, respectively. Due to the increase in remote office and new user preferences, houses outside Paris have become more expensive. As for Italy, house prices will rise by 2.2%at the end of this year, and housing prices will rise by about 1.5%in three years. The strong recovery of the Italian labor market is supporting real estate demand. In Portugal, real estate prices will rise by 8.5%this year, and will rise by 4%by 2025. It is expected that the highest rise in house prices will be the capital Lisbon and other tourist cities.
The good news is that the slowdown in house prices in the United Kingdom and Sweden will be particularly obvious. In these two countries, it is expected to decrease by 1.3% and 0.8% next year.
Post time: Jul-28-2022