ING News: Over three quarters of Luxembourg residents believe that real-estate prices will continue to rise

fr en de

According to the latest ING International real-estate survey, 78% of Luxembourg residents surveyed believe that property prices will continue to increase over the next twelve months

<< Back
07/09/2016 |
  • ING infographie housing market

By European standards, this result ranks the Grand-Duchy in second position behind Turkey (81%), while Italy comes in last with 37%. The European average stands at 56%.

When asked for their opinion of the current price for the next twelve months, 89% of residents consider real-estate to be expensive. This is the highest score ahead of Turkey (80%), compared to 47% for the Czech Republic, which ranks last, and a European average of 60%.

The main reasons given for the price surge are location and population increase, in particular for Grand-Duchy residents.

Furthermore, in the Grand-Duchy, fewer homeowners expressed having difficulties in honouring their monthly payments (16%) than rental tenants (29%). This is also the case on average in Europe, although the gap is smaller (24% for owners compared to 26% among tenants). Moreover, in Luxembourg, only 9% of respondents believe that it is preferable to be a tenant rather than an owner, compared to 23% in Europe.

Further details on eZonomics.com: https://www.ezonomics.com/ing_international_surveys/homes-and-mortgages-2016/

Back to top  | << Back

Communiqués liés

Deloitte New Partners Managing Directors
19/05/2022 Personnalités

Deloitte nomme 21 nouveaux Partners et Managing Directors

Démontrant sa pleine confiance en un avenir prometteur, Deloitte Luxembourg a n...

Deloitte
ERG's logo (002)
19/05/2022

ERG notes that English High Court confirms breaches of dutie...

Eurasian Resources Group (“ERG” or “the Group”), a leading diversified n...

Eurasian Resources Group
NPT-1 (002)
18/05/2022

Goodyear réimagine le pneumatique pour un avenir de la mobi...

Le paysage de la mobilité évolue et nous entrons dans une nouvelle ère pour n...

Goodyear
Peter Hughes

Apex Group announces acquisition of the Maitland business

Apex Group Ltd. (“Apex” or “The Group”), a global financial services pro...

Apex
Sightline-2 (002)
17/05/2022

Goodyear Sightline : L'intelligence des pneumatiques pousse ...

Les données sont essentielles à l’heure où les véhicules – et leur envir...

Goodyear
Post
17/05/2022

Le Groupe POST a réussi à maintenir un niveau de performan...

Le Groupe POST a réalisé un chiffre d’affaires de 898,9 millions d’euros, ...

POST Luxembourg

Il n'y a aucun résultat pour votre recherche

We use cookies to ensure the best experience on our website. By accepting you agree the use of cookies. OK Learn more