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Housing & livingLuxembourg

House price growth in Luxembourg

Are homes there getting further out of reach right now?

Luxembourg's house price growth is -2.81 % #7 of 54 countries on the atlas (lower is better). Period 2025-Q4.

-2.81%

Checked 31 Jul 2026Period 2025-Q4

Source: BIS residential property prices

Real house prices in Luxembourg fell 2.8 % over the past year, adjusted for inflation.

House price growth in Luxembourg over time

16.03 %-0.61 %-17.25 %16.03 % · Q4 2020-17.25 % · Q3 2023Q1 2008: 0.41 %Q2 2008: 2.00 %Q3 2008: -2.68 %Q4 2008: 0.13 %Q1 2009: -0.37 %Q2 2009: -1.84 %Q3 2009: -2.33 %Q4 2009: -1.48 %Q1 2010: 3.91 %Q2 2010: 1.62 %Q3 2010: 3.96 %Q4 2010: 2.81 %Q1 2011: -2.36 %Q2 2011: 1.25 %Q3 2011: 0.16 %Q4 2011: 1.94 %Q1 2012: 1.61 %Q2 2012: 1.48 %Q3 2012: 1.65 %Q4 2012: 1.24 %Q1 2013: 3.19 %Q2 2013: 2.78 %Q3 2013: 3.92 %Q4 2013: 2.90 %Q1 2014: 1.37 %Q2 2014: 4.02 %Q3 2014: 4.34 %Q4 2014: 5.16 %Q1 2015: 7.05 %Q2 2015: 4.80 %Q3 2015: 4.94 %Q4 2015: 2.87 %Q1 2016: 4.71 %Q2 2016: 5.74 %Q3 2016: 5.59 %Q4 2016: 6.98 %Q1 2017: 5.37 %Q2 2017: 4.55 %Q3 2017: 2.89 %Q4 2017: 2.76 %Q1 2018: 6.01 %Q2 2018: 4.56 %Q3 2018: 5.73 %Q4 2018: 6.91 %Q1 2019: 3.74 %Q2 2019: 8.25 %Q3 2019: 9.38 %Q4 2019: 9.13 %Q1 2020: 12.61 %Q2 2020: 12.67 %Q3 2020: 13.00 %Q4 2020: 16.03 %Q1 2021: 15.69 %Q2 2021: 10.96 %Q3 2021: 10.64 %Q4 2021: 7.70 %Q1 2022: 4.56 %Q2 2022: 4.22 %Q3 2022: 3.97 %Q4 2022: -0.51 %Q1 2023: -5.64 %Q2 2023: -9.12 %Q3 2023: -17.25 %Q4 2023: -17.11 %Q1 2024: -14.01 %Q2 2024: -10.32 %Q3 2024: -3.47 %Q4 2024: 0.42 %Q1 2025: -0.66 %Q2 2025: 2.61 %Q3 2025: -1.47 %Q4 2025: -2.81 %Q1 2026: 0.06 %Q1 2008Q1 2017Q1 20260.06 %
73 official observations, Q1 2008Q1 2026. Every point is a published value — never interpolated.
Rank
#7 of 54
lower is better
Ranked behind
87 %
47 of 54 countries
Latest move
▲ 2.87 pp
since Q4 2025
Year on year
▲ 0.73 pp
over 12 months
Below its peak
15.96 pp
peak 16.03 % in Q4 2020
Full series
▼ 0.35 pp
since Q1 2008

In Europe: #1 of 31vs median 2.49 %: −5.29 pp (better)

Among 54 countries

2 of 54 countries between -6.81 % and -6.11 %1 of 54 countries between -4.01 % and -3.31 %4 of 54 countries between -3.31 % and -2.62 %3 of 54 countries between -2.62 % and -1.92 %2 of 54 countries between -1.92 % and -1.22 %2 of 54 countries between -1.22 % and -0.52 %3 of 54 countries between -0.52 % and 0.18 %5 of 54 countries between 0.18 % and 0.88 %3 of 54 countries between 1.58 % and 2.28 %5 of 54 countries between 2.28 % and 2.97 %2 of 54 countries between 2.97 % and 3.67 %3 of 54 countries between 3.67 % and 4.37 %2 of 54 countries between 4.37 % and 5.07 %2 of 54 countries between 5.07 % and 5.77 %1 of 54 countries between 5.77 % and 6.47 %3 of 54 countries between 6.47 % and 7.17 %4 of 54 countries between 7.17 % and 7.86 %2 of 54 countries between 7.86 % and 8.56 %5 of 54 countries between 9.26 % and 9.96 %median 2.40 %Luxembourg: ahead of 87 % of the 54 countries with a published house price growthLuxembourg -2.81 %-6.81 %9.96 %
Half of all 54 countries sit between -0.52 % and 6.20 %. Luxembourg is ahead of 87 % of them. Axis trimmed to the 2nd–98th percentile; 3 values beyond it sit in the end bars.

The neighbourhood

#CountryHouse price growthvs Luxembourg
5 Israel-3.22 %−0.41 pp
6 Indonesia-3.19 %−0.38 pp
7 Luxembourg-2.81 %
8 Finland-2.56 %+0.25 pp
9 United States-2.07 %+0.73 pp

Real year-on-year change in residential property prices (BIS). Framed for buyers — slower growth is greener; homeowners may read it the other way.

How to read this figure

Real year-on-year change in residential property prices from the BIS — inflation-adjusted, so it shows whether homes beat or trailed prices in general. Base-independent, which is what makes ~60 countries honestly comparable in one ranking. The colour scale takes the buyer’s side (slower growth = greener); an existing owner may read it the opposite way.

Next, about Luxembourg

House price growth since 2015Mortgage rates
House price growth, all countries ranked →Compare Luxembourg with another country →Everything about Luxembourg
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