Housing in Europe – 2024 edition

The publication "Housing in Europe – 2024 edition," released by Eurostat, the statistical office of the European Union, provides comprehensive insights into housing across Europe. It was created amidst the ongoing effects of the COVID-19 pandemic and geopolitical tensions, notably the conflict involving Russia and Ukraine, which have significantly influenced social, economic, and environmental dynamics within the EU. The report aims to present a detailed examination of living conditions, housing costs, and the environmental impact of housing in various EU member states.

The report highlights significant disparities in housing across Europe regarding size, type, quality, and ownership versus renting. As of 2023, 69% of the EU population owned their homes, with Romania (96%) and Slovakia (94%) having the highest ownership rates. Conversely, Germany has a notably higher rental population, with 52% of its residents as tenants. Moreover, the data indicates that 51.7% of the EU populace lived in houses, while 47.7% resided in flats. The report also notes significant variances based on urban versus rural living, with 72% of urban dwellers living in flats compared to 82% in rural areas living in houses.

The average size of housing in the EU is approximately 1.6 rooms per person, with Luxembourg and Malta recording the highest figures at 2.2 rooms per person. On the quality front, around 16.8% of the EU population lived in overcrowded homes in 2023, a decrease from 19.1% in 2010. Overcrowding is most prevalent in Latvia (40.9%) and Romania (40.0%). Additionally, about 10.6% of the population struggled to keep their homes adequately warm, with the highest challenges reported in Spain and Portugal.

The environmental implications of housing are also a focus, with greenhouse gas emissions for heating and cooling averaging 647 kg per capita in the EU in 2022—down from 920 kg in 2010. The highest emissions were noted in Luxembourg (1,296 kg per capita) while Sweden had the lowest at 27 kg. Notably, 25.5% of EU residents aged 16 or older lived in homes where energy efficiency had been improved over the past five years, indicating a movement toward more sustainable living conditions.

Housing expenses have become a significant concern, with EU households dedicating an average of 19.7% of their disposable income to housing in 2023. This figure varies across the EU, with Greece (35.2%) and Denmark (25.9%) having the highest proportions. House prices have surged by 48% from 2010 to 2023, with Estonia seeing the most substantial increase of 209%. Rent has also climbed by 22% overall, with Estonia again leading the way at 211%.

In 2023, 5.8% of the EU's GDP was invested in housing, with Cyprus (8.6%) leading this metric. The report also details a significant drop in building permits, decreasing by 20% in 2022, although overall, there was a 5% increase in permits from 2010 to 2023. This decline suggests potential future challenges in meeting housing demands.

The "Housing in Europe – 2024 edition" publication serves as an essential resource for understanding the current state of housing across the EU, its challenges, and the ongoing efforts toward sustainability and quality living conditions amidst evolving socio-economic landscapes.