LEFKOSIA –
In 2024, more than two-thirds (68%) of the population living in the European Union owned their home, slightly down from 69% in 2023, according to data released on February 6 by the European Statistical Office (Eurostat). The remaining 32% of the population lived in rented housing, up from 31% in the previous year.
Regarding Cyprus, Eurostat data indicate a home‑ownership rate of 69.4%, while 30.6% of the population lived in rented housing during the same period. Across the EU, the highest home‑ownership levels were found in Romania (94%), Slovakia (93%), Hungary (92%), and Croatia (91%).
Greece’s rates stand at 69.7% (home owners) and 30.3% (tenants).
Owning a home was more common in all EU countries, except for Germany, where renting predominated with 53% of the population being tenants. Germany was followed by Austria (46%), Denmark (39%) and France (38.8%).
