Real Estate

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Housing
Construction
Luxembourg's public housing fund doubles homes under construction as building freeze eases
Luxembourg's state-backed housing developers sharply increased the number of homes they were building in 2025, the clearest sign yet that a construction slump triggered in 2022 may be easing. The Fonds du logement more than doubled its dwellings under construction to 1,227, and the SNHBM launched a record 473 affordable homes. But STATEC's latest figures show the private new-build market remains frozen, leaving the recovery lopsided and incomplete.
By Sophie Klein3 days ago
Housing
Housing
Luxembourg construction prices have climbed 54% in a decade, Eurostat data show
Eurostat figures put the rise in Luxembourg's new residential construction prices at 54.5% between 2015 and 2025, above the EU average of 48.2%. The decade-long climb, driven by a 2021-2023 surge in material, energy and labour costs, is one of the forces behind a housing market where building has slowed and affordability has eroded.
By Sophie Klein5 days ago
Housing
Property market
Luxembourg house prices rise again as the long correction ends
STATEC's hedonic index rose 0.7% in the first quarter of 2026 and 1.7% over twelve months, confirming that Luxembourg's deep housing correction has given way to a modest recovery led by houses and rebounding transactions — even as advertised rents climb far faster than incomes.
By Sophie Klein6 days ago
Economy
Property dispute
Developer Kindy Fritsch announces €130 million claim against city of Esch
Luxembourg property developer Kindy Fritsch has announced a €130 million damages claim against Esch-sur-Alzette over the stalled Portal eent housing project, accusing the commune of deliberate sabotage. The figure, disclosed on LinkedIn rather than filed in court, would rank among the largest private claims against a Luxembourg municipality. It lands as Fritsch's empire faces insolvency and a major fraud investigation.
By Marc Weber27 June 2026
Housing
Property market
Luxembourg home prices steady after turbulent year as rents keep climbing
STATEC and the Observatoire de l'Habitat report Luxembourg house prices flat year-on-year in late 2025 while advertised rents rose 3%, deepening the divide between sidelined buyers and a tightening rental market.
By Sophie Klein27 June 2026
Housing
Housing market
Luxembourg house prices steady as advertised rents climb 4.4%
Luxembourg's official housing report for the first quarter of 2026 shows sale prices stabilising, with the STATEC index up 0.7% on the quarter and 1.7% over the year, while advertised apartment rents rose 4.4% over twelve months — nearly three times inflation. The divergence leaves buyers facing a calmer, cheaper-to-finance market while new tenants continue to absorb the steepest increases.
By Sophie Klein26 June 2026

Luxembourg's public housing fund doubles homes under construction as building freeze eases

Luxembourg construction prices have climbed 54% in a decade, Eurostat data show

Luxembourg house prices rise again as the long correction ends

Developer Kindy Fritsch announces €130 million claim against city of Esch

Luxembourg home prices steady after turbulent year as rents keep climbing

Luxembourg house prices steady as advertised rents climb 4.4%