Home ownership rate in Europe 2019-2020, by country

The home ownership rate measures the share of dwellings that were owner-occupied. In the presented European countries, the home ownership rate extended from 41.6 percent in Switzerland to as much as 96.1 percent in Romania. More developed European countries, such as France or Germany, tended to have a lower home ownership rate compared to the frontier countries, such as Lithuania or Slovakia. The share of house owners among the population of all 28 European countries has remained relatively stable over the past few years.

Average cost of housing

Across Europe, the average transaction price varies from country to country. The average transaction price per square meter for a new dwelling was more than three times higher in the United Kingdom (UK) compared to the likes of Poland and Hungary.

Housing completions

With population numbers rising across Europe, the need for affordable housing continues. Across Europe, countries have built in some cases hundreds of thousands of homes annually to meet the growing demands.