Press release

“EMF HYPOSTAT 2018: unveiling annual statistics and insights on European (and beyond) housing and mortgage markets”

3 September 2018


unveiling annual statistics and insights

on European (and beyond) housing and mortgage markets”


Brussels, 3 September 2018 – For immediate release


The European Mortgage Federation (EMF) is pleased to announce the publication of the 2018 edition of Hypostat,  the EMF-ECBC’s flagship, annual statistical publication encompassing data on recent developments in housing and mortgage markets in Europe and beyond.

The 2018 edition (covering data until end 2017) presents data and analyses for the 28 Member States of the European Union, as well as data from ten additional countries: Australia, Brazil, Iceland, Japan, Norway, Russia, Singapore and South Korea – both added for the first time this year – plus Turkey and the United States.

Besides the country specific data, key facts revealed by Hypostat 2018 include:

  • House prices have grown in most EU countries year-on-year with only Italy and Greece recording a decline. The situation among and within different jurisdictions has remained highly fragmented. In general house prices in EU capital cities have increased on average by 10 percentage points more than their respective countries since 2007.
  • Housing supply indicators confirm the encouraging signs first registered in 2015 which continued to gain momentum in 2017.
  • Total outstanding lending increased by 2.2% in 2017 despite continued depreciation of the GBP. At fixed rates the outstanding level increased by EUR 208 bn reaching EUR 7.014 tn.
  • Interest rates continued their overall downward path in 2017 reaching an average interest rate of 2.42%, 22 bps less than the previous year. This dynamic in many countries is flooring out and the first figures for 2018 show, though timidly, some increases. The market mix for different mortgage interest rates in the EU remains fragmented.

Finally, Hypostat 2018 is the result of a collaborative effort by EMF national delegations and external experts and we would like to take this opportunity to thank them all for their hard work and commitment.

Hypostat 2018 can be downloaded here.



Daniele Westig

Economic Adviser

Tel: +32 2 285 40 40


For further information on the activities of the European Mortgage Federation (EMF) – European Covered Bond Council (ECBC) please contact us at:


Rue de la Science 14, B-1040 Brussels, Belgium

Tel. +32 2 285 40 30



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