News

Despite the slowdown in the increase of rental housing prices in Europe, the situation remains concerning for those seeking affordable accommodation. In the second quarter, prices only rose by 1.5% compared to the previous quarter, but the annual increase of 9.6% is still significant. The lack of available housing and the growing demand continue to be major challenges in the rental housing market. In cities like Lisbon and Porto, the prices of one-bedroom apartments have increased considerably in just three months. In Spain, although there have been quarterly declines in rental prices in Madrid, Barcelona, and Valencia, prices are still higher compared to the previous year. In summary, despite the slowdown in rental price increases, the lack of affordable housing and high costs remain significant obstacles for young professionals and students seeking accommodation in Europe.