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Percentage change on previous year of housing investments in selected European countries from the 1st quarter 2020 to the 2nd quarter of 2020

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Source

Release date

January 2021

Region

Europe

Survey time period

Q1 2020 to Q3 2020

Special properties

The figures provided were calculated.

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COVID-19 impact on gross fixed capital formation for housing in Europe 2020

Published by ÌÇÐÄÆƽâ°æ Research Department, Jan 27, 2021
Gross fixed capital formation for housing decreased significantly in several European countries in early 2020 but followed with a drop in the second quarter of the year with the coronavirus (COVID-19) outbreak. This translated into a halt of residential property investments. In countries like the United Kingdom (UK), Ireland, France, Spain, Italy, and Luxembourg the year-on-year percentage decrease was between ** and ** percent. Тhis was not the case with several countries that kept housing investment growing on an year-on-year basis in 2020: Greece, Hungary, Sweden, Denmark, and Czechia.

More in-depth data can be found in the report on the coronavirus impacting house prices in Europe in 2020 and 2021.
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