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

CERATIZIT FEDIL Environmental Award
30/11/2023

Prix de l'Environnement pour les produits upGRADE de CERATIZ...

CERATIZIT a reçu le Prix de l'Environnement 2023 de la Fédération de l'indust...

CERATIZIT
Deloitte Luxembourg Impact Report Service Line Leaders
30/11/2023

Deloitte Luxembourg releases its 5th Impact Report

With this 5th edition, Deloitte Luxembourg once again surpasses traditional metr...

Deloitte
Infrachain-Logo-Mobile copy
29/11/2023

vDL Digital Ventures GmbH Wins the Exclusive Infrachain Tezo...

On November 28th and 29th, Infrachain, together with Nomadic Labs, Telindus and ...

Infrachain
Planinlux-Sustainable-Solutions-TR copy
27/11/2023

The LIAISE COST action has been launched to foster Sustainab...

The LIAISE Cost Action has brought together 33 countries in pursuit of a shared ...

PlaninLux
DataChef LuxProvide Partnership1280 x 854px
27/11/2023

LuxProvide and DataChef harness MeluXina Supercomputer for t...

LuxProvide, the national Luxembourgish leading provider of high-performance comp...

LuxProvide S.A.
EY200798
24/11/2023 Evènements

Marc Giorgetti, grand vainqueur du concours EY Entrepreneurs...

Jeudi 23 novembre, la finale du concours EY Entrepreneurs de l'Année a réuni p...

EY 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