72% of Luxembourg residents are homeowners

Buy or rent?

On a continental scale, the majority of EU citizens, totalling 69.1%, own the homes they inhabit. This marks a marginal decline of 1% compared to the figures reported in 2021. Romania leads the pack as the country with the highest homeownership rate, boasting nearly 95% of its population residing in their own homes. Slovakia (93%) and Croatia (91.1%) also feature prominently in the top three.

Luxembourg occupies a position in the lower midfield, with 72.4% of its residents being homeowners. This places the Grand Duchy just above the EU average, trailing Belgium by a mere 0.1%. In France, approximately 63% of the population owns their homes.

Conversely, Germany stands out as the only EU country where renting surpasses homeownership. Approximately 53.3% of German residents are tenants. In addition to the EU countries, Norway and Switzerland are also included in this statistic. While Norway ranks in the top third of homeowners, Switzerland lags behind even Germany, with almost 58% of its residents renting the home they currently live in.

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House or flat?

Looking at how Europeans live, the data reveals that around 52% of Europeans lived in houses in 2022, while 47.5% resided in flats. The remaining 0.5% lived in alternative housing arrangements, such as houseboats or camping vans. Ireland emerges as the leader in house occupancy, with 89.3% of its population residing in houses. Luxembourg falls in the middle range at 59.5%, while Spain records the highest flat occupancy rate at 65.6%.

Click on the image to access the full Eurostat report. / © Eurostat