Euro area

Euro areaPrice/rent

Euro area (EA20) first; Germany, France, Italy, Ireland, United Kingdom and United States alongside.

130.2

+0.9 (+0.7%)

As of 2025 Q4 | index

Latest
130.2 2025 Q4
Previous
129.3 2025 Q3
Min
80.5 1998 Q1
Max
133.5 2022 Q2
PeriodValue
2025 Q4130.2
2025 Q3129.3
2025 Q2128.9
2025 Q1128.7
2024 Q4127.5
2024 Q3126.7
2024 Q2126.3
2024 Q1125.7
2023 Q4126.2
2023 Q3126.9
2023 Q2128.0
2023 Q1129.6
2022 Q4131.2
2022 Q3133.4
2022 Q2133.5
2022 Q1132.2
2021 Q4129.8
2021 Q3127.0
2021 Q2123.8
2021 Q1121.6
2020 Q4119.8
2020 Q3117.9
2020 Q2117.1
2020 Q1116.2
#CountryPrice/rentChangePeriod
5Spain168.9+4.3 (+2.6%)2026-038Netherlands166.5+0.2 (+0.1%)2025-1220United States133.2+0.5 (+0.4%)2024-1222Euro area130.2+0.9 (+0.7%)2025-1224Germany129.5−0.1 (−0.1%)2026-0332Ireland115.5+0.4 (+0.3%)2026-0333France114.9+0.1 (+0.1%)2026-0335United Kingdom110.1−0.5 (−0.5%)2026-0339Italy103.5+0.3 (+0.3%)2025-12

What the price-to-rent ratio is

The OECD price-to-rent ratio compares nominal house prices with the rent-price index. A higher reading means purchase prices have outpaced rents relative to the index history. Latest: 130.2 in 2025 Q4.

This is an index of prices versus rents, not a typical asking rent and not a purchase price. From 1996 Q1 to 2025 Q4 (120 quarters): latest 130.2 (2025 Q4), previous 129.3 (2025 Q3); low 80.5 (1998 Q1), high 133.5 (2022 Q2).

Source: OECD Analytical House Prices. Licence: OECD data; attribution required (terms).