In 2023, Germany had the largest housing stock among European countries with a total of 43.6 million housing units. Other countries heading the ranking were France, Spain, and the United Kingdom (UK). This was not surprising, considering that the top four countries have some of the largest population in Europe. In terms of the number of housing units per 1,000 citizens, however, the top three countries were Bulgaria, Spain and France.
Which European countries build the most housing?
Supply of new housing varies greatly in different countries. In 2023, Ireland and Poland delivered the highest number of housing completions, but when it comes to construction starts, Ireland topped the ranking, leaving Serbia and Austria in second and third place, respectively.
How did house prices change in 2023?
Demand for housing remained strong in 2023, causing house prices to grow in almost all European countries. The United Kingdom was one of the few countries where home prices declined - a result of the soaring interest rates and cost of living crisis. Hungary was at the other side of the spectrum, with house prices surging by more than 13 percent.
Total housing stock in selected countries in Europe in 2023, by country
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Deloitte. (August 1, 2024). Total housing stock in selected countries in Europe in 2023, by country [Graph]. In Statista. Retrieved October 12, 2024, from https://www.statista.com/statistics/898238/housing-stock-in-european-countries-in-total/
Deloitte. "Total housing stock in selected countries in Europe in 2023, by country." Chart. August 1, 2024. Statista. Accessed October 12, 2024. https://www.statista.com/statistics/898238/housing-stock-in-european-countries-in-total/
Deloitte. (2024). Total housing stock in selected countries in Europe in 2023, by country. Statista. Statista Inc.. Accessed: October 12, 2024. https://www.statista.com/statistics/898238/housing-stock-in-european-countries-in-total/
Deloitte. "Total Housing Stock in Selected Countries in Europe in 2023, by Country." Statista, Statista Inc., 1 Aug 2024, https://www.statista.com/statistics/898238/housing-stock-in-european-countries-in-total/
Deloitte, Total housing stock in selected countries in Europe in 2023, by country Statista, https://www.statista.com/statistics/898238/housing-stock-in-european-countries-in-total/ (last visited October 12, 2024)
Total housing stock in selected countries in Europe in 2023, by country [Graph], Deloitte, August 1, 2024. [Online]. Available: https://www.statista.com/statistics/898238/housing-stock-in-european-countries-in-total/