In 2022, Germany had the largest housing stock among European countries with a total of roughly 43 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 the 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 and Portugal.
Which European countries build the most housing?
Supply of new housing varies greatly in different countries. In 2022, France and Poland delivered the highest number of housing completions, but when it comes to construction starts, Austria topped the ranking, leaving Lithuania and Slovenia in second and third place, respectively.
How did house prices change in 2022?
Demand for housing remained strong in 2022, 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. Lithuania was at the other side of the spectrum, with house prices surging by nearly 32 percent.
Total housing stock in selected countries in Europe in 2022, by country
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Total number (in millions)
Number per 1,000 inhabitants
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Deloitte. (August 15, 2023). Total housing stock in selected countries in Europe in 2022, by country [Graph]. In Statista. Retrieved July 03, 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 2022, by country." Chart. August 15, 2023. Statista. Accessed July 03, 2024. https://www.statista.com/statistics/898238/housing-stock-in-european-countries-in-total/
Deloitte. (2023). Total housing stock in selected countries in Europe in 2022, by country. Statista. Statista Inc.. Accessed: July 03, 2024. https://www.statista.com/statistics/898238/housing-stock-in-european-countries-in-total/
Deloitte. "Total Housing Stock in Selected Countries in Europe in 2022, by Country." Statista, Statista Inc., 15 Aug 2023, https://www.statista.com/statistics/898238/housing-stock-in-european-countries-in-total/
Deloitte, Total housing stock in selected countries in Europe in 2022, by country Statista, https://www.statista.com/statistics/898238/housing-stock-in-european-countries-in-total/ (last visited July 03, 2024)
Total housing stock in selected countries in Europe in 2022, by country [Graph], Deloitte, August 15, 2023. [Online]. Available: https://www.statista.com/statistics/898238/housing-stock-in-european-countries-in-total/