2026 Real Estate Price Statistics: Luxembourg Market Stabilizes
The Luxembourg residential real estate market continues its phase of stabilization and normalization in mid-2026. According to the latest analyses published by STATEC and the Housing Observatory (Observatoire de l'Habitat), indicators confirm a gradual exit from the crisis, driven by stronger economic fundamentals and a moderate recovery in prices.
A Confirmed Normalization of Activity
Following the significant turbulence of the 2023-2024 period and a year 2025 marked by exceptional temporary fiscal measures (such as the increased "Bëllegen Akt" to €40,000 for first-time buyers [3]), the market seems to have found a new cruising speed. Transaction volumes in the first half of 2026 suggest a market now guided by economic reality rather than legislative announcement effects [1].
The number of apartment sales reached 1,175 units at the beginning of the year, representing a 3.3% increase over twelve months [1]. While these figures remain below the historical averages of 2017-2021, the NextImmo platform observes, through its partner agencies, a return of liquidity in transactions.
Apartment Sales: Existing Properties Drive the Market
The existing property segment remains the main engine of recovery. The number of transactions for existing apartments jumped by 9.4% over twelve months [1]. This dynamic is accompanied by a rise in sales prices which, after falling in 2023 (-9.1%) and 2024 (-5.2%), show a growth of +1.7% in 2026 [6].
Conversely, Sales in Future State of Completion (VEFA) remain more fragile. The number of transactions in this segment declined by 18.2% over a year, although the overall financial volume remains significantly higher than the low points of 2023 [1]. The median price for new builds stood at €9,840/sqm at the end of 2024, compared to €8,330/sqm for existing apartments [3].
Geographical Disparities in the Grand Duchy
Analysis by municipality reveals a heterogeneous Luxembourgish market, a true mosaic of micro-markets [3]:
- Luxembourg City: The median price remains above the €10,500/sqm mark.
- Golden Belt: Municipalities such as Strassen (€9,280/sqm) and Bertrange (€9,040/sqm) maintain strong family appeal.
- South and East: The market is more accessible in Esch-sur-Alzette or Junglinster (€6,990/sqm), attracting clients seeking larger living spaces [3].
Rental Evolution and Outlook
On the rental front, Luxembourg shows resilience. Between 2021 and 2025, rents increased by only 7.1%, a much more contained rise than in Belgium (+18.3%) or Germany (+8%) [4]. This relative moderation, coupled with the stabilization of interest rates, is restoring investor confidence.
For the coming months, the trend points toward gentle growth. The 2024 turnaround rationalized the market without causing a collapse [3], laying the foundations for a healthier real estate sector for the remainder of the decade.
Sources
- Rapport d’analyse n°25 - Le marché immobilier résidentiel au 1er trimestre 2026
- Excédent commercial record pour la Chine en 2025
- Rapport Marché Luxembourg 2025 - EIRES Real Estate
- Étude sur les prix des loyers au Luxembourg - Virgule
- Simulateur des loyers - Logement.lu
- Prêt Immobilier Luxembourg 2026 : comparez les taux