Construction prices for new residential buildings in the European Union rose by 48.2% between 2015 and 2025.
The figures relate to a producer price index that tracks the prices of construction activities from the viewpoint of the building contractor and is based on what clients pay to contractors, Eurostat explained in a release on Thursday.
Much of the increase came in the early 2020s, with annual rises of 5.8% in 2021, 12.2% in 2022 and 6.9% in 2023. The growth rate then slowed to 2.3% in 2024 and 1.3% in 2025.
Biggest rises in Bulgaria, Hungary and Romania
Across individual EU countries, the sharpest increases over the decade were recorded in Bulgaria, where prices rose by 166.1%, followed by Hungary at 155.4% and Romania at 130.7%, Eurostat said.
The smallest rises were seen in Italy at 17.0%, Greece at 17.3% and Finland at 22.1%.
The data are included in the 2026 edition of "Key figures on European business," which compiles selected statistics on business activity across the EU.
