Portugal is the EU country where housing is the least affordable
Housing News Europe - Portugal is the EU country where housing is the least affordable, registering the highest increase in house prices as a percentage of income with an increase of at 60.8%, compared to the European average of 6.8% within a decade, according to a report by Eurostat dated November 9th, 2026. While the average house price-to-income ratio in the EU was 6.8% in 2025, there are huge discrepancies between countries, where the country with the highest house price to income ratio being Portugal with 60.8% and the country with the lowest house price to income ratio being Romania with a decrease of -42.8% between 2015 and 2025.
Here are the Top 10 countries where housing is the least affordable in Europe:
1 - Portugal
Portugal ranks No. 1 country where housing is the least affordable in Europe, registering the highest increase in house prices as a percentage of income with an increase of at 60.8% between 2015 and 2025. The average annual rate of change in house price to income ratio was an increase of 12.1% in 2025 only.
2 - Netherlands
The Netherlands ranks 2nd country where housing is the least affordable in Europe, registering the highest increase in house prices as a percentage of income with an increase of at 34.3% between 2015 and 2025. The average annual rate of change in house price to income ratio was an increase of 3.5% in 2025 only.
3 - Hungary
Hungary ranks 3rd country where housing is the least affordable in Europe, registering the highest increase in house prices as a percentage of income with an increase of at 26.5% between 2015 and 2025. The average annual rate of change in house price to income ratio was an increase of 8.8% in 2025 only.
4 - Czech Republic
The Czech Republic ranks 4th country where housing is the least affordable in Europe, registering the highest increase in house prices as a percentage of income with an increase of at 25.8% between 2015 and 2025. The average annual rate of change in house price to income ratio was an increase of 5.5% in 2025 only.
5 - Spain
Spain ranks 5th country where housing is the least affordable in Europe, registering the highest increase in house prices as a percentage of income with an increase of at 24.5% between 2015 and 2025. The average annual rate of change in house price to income ratio was an increase of 8.8% in 2025 only.
6 - Greece
Greece ranks 6th country where housing is the least affordable in Europe, registering the highest increase in house prices as a percentage of income with an increase of around 24% between 2015 and 2025. The average annual rate of change in house price to income ratio was an increase of 4.5% in 2025 only.
7 - Slovenia
Slovenia ranks 7th country where housing is the least affordable in Europe, registering the 7th highest increase in house prices as a percentage of income between 2015 and 2025. The average annual rate of change in house price to income ratio was an increase of 1.1% in 2025 only.
8 - Ireland
Ireland ranks 8th country where housing is the least affordable in Europe, registering the 8th highest increase in house prices as a percentage of income between 2015 and 2025. The average annual rate of change in house price to income ratio was an increase of 4.5% in 2025 only.
9 - Austria
Austria ranks 9th country where housing is the least affordable in Europe, registering the 9th highest increase in house prices as a percentage of income between 2015 and 2025. The average annual rate of change in house price to income ratio was an increase of 0.9% in 2025 only.
10 - Slovakia
Slovakia ranks 10th country where housing is the least affordable in Europe, registering the 10th highest increase in house prices as a percentage of income between 2015 and 2025. The average annual rate of change in house price to income ratio was an increase of 8% in 2025 only.
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