EMF Publishes Hypostat 2026
The European Mortgage Federation (EMF) is pleased to announce the publication today of the 2026 edition of Hypostat, the EMF-ECBC’s annual statistical publication encompassing data on recent developments in housing and mortgage markets in Europe and beyond.
The 2026 edition (covering data until end 2025) presents data and analyses for 31 European countries (the EU27 plus Iceland, Norway, Switzerland and the United Kingdom), as well as data from nine additional countries further afield (Australia, Canada, Brazil, Japan, Russia, Singapore, South Korea, Turkey and the United States of America).
Besides the country specific data, Hypostat 2026 includes four external articles on housing affordability by expert authors:
- Europe’s Big Affordability Problem
Richard Kemmish, EMF Consultant
- Balancing Affordability, Competitiveness and Financial Stability: Reinforcing Europe’s Housing Finance Model
Peter Jayaswal, Chairman of EMF Economic Affairs Committee & Deputy Director, Mortgage and Real Estate Finance, Finance Denmark
- From Mortgage Affordability to Housing Delivery: Why PPPs Matter for Europe’s Housing Supply Agenda
Antonio Campagnoli, Immediate Past World President, FIABCI, Founder Partner, IL PUNTO Real Estate Advisor / CORFAC International, Partner, LEXCC – Law Firm
- Regulation as a Key Enabler: How to Mobilise Private Capital for Affordable Housing and Reconstruction
Olaf Pimper, Commerzbank AG, Group Treasury, Global Liquidity & Risk Management, Liquidity Portfolio Management.
This year’s edition also marks the first time that Hypostat has featured contributions from members of the International Secondary Mortgage Market Association (ISMMA), with a new introductory note from ISMMA Chair Yuji Date, Director General in the International Affairs and Research Department, Japan Housing Finance Agency. As Mr Date writes, ISMMA “brings together the institutions building, and in many cases pioneering, the machinery of housing finance across a remarkably varied set of economies globally”, and this year’s fact tables offer a unique side-by-side view of secondary mortgage markets spanning Armenia, Indonesia, Japan, Kenya, Malaysia, Mongolia, Pakistan, South Korea and Tanzania.
Hypostat 2026 will be officially presented at the Global Affordable Housing Conference, which the EMF is co-organising with the World Bank Group in Brussels from 3–5 December 2026. Bringing this landmark event to Brussels, and co-hosting it with the World Bank, is a great platform for our industry and a recognition of the importance of the work being done across the housing and housing finance space. And the timing could hardly be more relevant: affordability, financing, supply and sustainable development have become critical issues at both the European and global level. The Conference will bring together policymakers – including EU Commissioner for Energy and Housing, Dan Jørgensen, financial institutions, industry leaders and experts to exchange views, share experience and discuss practical solutions as well. More details on the Conference programme and how to register will follow in due course.
Hypostat 2026 is the result of a collaborative effort by EMF national delegations and external experts. On behalf of the EMF Research & Data Committee and its Chairman, Mr Gyula Nagy, which coordinates the preparation of each year’s report, we would like to sincerely thank all contributors for making the publication of Hypostat 2026 possible.
Commenting on Hypostat 2026, Luca Bertalot, EMF-ECBC Secretary General, stated:
“Housing is the foundation of freedom, dignity and opportunity, and ensuring that it remains affordable and accessible is one of Europe’s defining strategic challenges. The recovery in mortgage lending seen in 2025 is a positive development, helping to support households’ access to homeownership at a time of continued affordability pressures. But lasting improvements in housing affordability require finance and housing supply to move forward together. Europe needs a genuine Housing Ecosystem that brings together public and private stakeholders to mobilise investment, increase housing supply and make homes more affordable, sustainable and accessible.
The EMF-ECBC has actively supported the development of the European Commission’s affordable housing agenda, contributing its expertise and policy proposals on housing finance through its Concept Note on Housing and proposal for a 28th Regime supporting a more harmonised European mortgage framework, both of which are highly relevant to the Commission’s newly published Affordable Housing Act.”
Contact:
Sage Douglas
Research and Data Adviser