Luxembourg property 2026: are prices rising again? What your home is worth
After two years of decline, Luxembourg housing prices turned positive again in 2025: +1.6%, according to the joint publication by STATEC and the Observatoire de l'Habitat. A lasting recovery or simply stabilisation? Here is what the figures say — and what they change if you are wondering what your home is worth today.
Are prices really rising again?
Yes, modestly. STATEC ("Le logement en chiffres", Q4 2025) documents the sequence: −9.1% in 2023, −5.2% in 2024, then +1.6% in 2025. The rebound was sharper in spring — +4.5% year on year in the second quarter of 2025 — before calming down at the end of the year, where the Observatoire describes "stabilised prices" and a "quieter" market.
In early 2026 the trend holds without accelerating: the average price of existing apartments reaches €7,695/m² in the first quarter of 2026, up 0.8% over twelve months, according to the Observatoire de l'Habitat. Houses are edging up, while sales normalise.
Why is the new-build market still lagging?
The contrast is stark. In off-plan sales (VEFA), activity fell heavily at the end of 2025, RTL reports on the basis of the same data — buyers are shifting to existing stock, cheaper per m² and immediately available. The mechanical consequence: demand concentrates on well-maintained existing properties, which supports their prices.
Another strong signal: the rental market. Rents rose by 1.8% between the second quarter of 2024 and the second quarter of 2025 (STATEC index), and in early 2026 the Observatoire describes a rental market "under pressure", with rents now rising faster than purchase prices. For an owner, that means both options — selling or letting — deserve to be properly costed before deciding.
And what is your property worth in this market?
A vetted local expert values it free of charge — with neighbourhood figures to back it, and no obligation to sell.
Is now the right moment to get a valuation — or to sell?
Three objective facts argue for a valuation now. One: existing-stock prices are edging back up after two years of decline — a seller relying on a 2023 or 2024 valuation is probably wrong, in one direction or the other. Two: the market has normalised — sales are stabilising, which lengthens or shortens timelines depending on the segment and the neighbourhood. Three: the gap between new build and existing stock has shifted, reshuffling your property's relative value.
A serious valuation is more than a price per m² multiplied by the floor area: energy condition, recent works, aspect, the rental situation in the neighbourhood — every factor shifts the result. That is the work of a professional who knows the actual transactions in your commune, not of a generic calculator.
Property 2026: your questions
Will prices keep rising?
Nobody can guarantee it. The STATEC data shows a modest rise (+1.6% in 2025, +0.8% year on year for existing apartments in Q1 2026), not a surge. The one certainty: a valuation dating from 2023-2024 no longer reflects the market.
Is my apartment worth €7,695/m²?
That is a national average for existing apartments (Q1 2026, Observatoire de l'Habitat). Depending on the commune, the condition and the floor, real prices differ widely — in both directions. Hence the individual valuation.
Sell or let in 2026?
Rents have been rising faster than purchase prices since late 2025 — rental yields are improving. But tax, management and voids weigh too. A costed look at both scenarios is the right starting point.
Does the valuation commit me to selling?
No. The valuation through HomeUpdate is free and carries no obligation — you decide afterwards, or not at all.