The Grand Duchy's housing market showed signs of revival in June, with over 2,000 preliminary sales agreements signed following government tax incentives, Finance Minister Gilles Roth revealed Tuesday.

In response to a parliamentary question from MP André Bauler of the Democratic Party (DP) regarding the impact of recent housing market stimulus measures, Minister of Finance Gilles Roth revealed that over 2,000 preliminary sales agreements were signed in June 2025 alone. Minister Roth attributed this growth to government intervention, noting that construction activity and sector employment had been declining steadily since 2019.

The tax incentives, he explained, generated increased activity across all housing market segments, with particularly strong sales figures recorded just before the measures expired.

Provisional data from the Registration Duties, Estates and VAT Authority (AED) shows 2,150 preliminary sales agreements and 570 reservation agreements were signed between 130 June 2025. These figures align with assessments from the Housing Observatory, representing a 25.4% year-on-year increase in flat-related transactions.

The newly built property market showed the most dramatic growth at 163%, though Roth noted this surge follows the sector's lowest activity levels since 2007.