Europe's Housing Crisis Drives Up Household Expenses

Millions of people across the European Union are facing severe financial strain due to rising housing costs. The housing cost overburden rate tracks the portion of the population that spends more than 40% of their disposable income on housing.

Official data shows that property prices in the bloc rose by an average of 69% between 2015 and the second quarter of 2026. In several member states, market values have doubled during the same period.

This surge is not limited to real estate purchases. Rental costs and energy expenses are also on a steady upward trajectory throughout the region.

The European Council acknowledges that the continent is experiencing a severe housing crisis. This trend puts pressure on family budgets and reduces the capacity for consumption and savings in many countries.