The increase places Malta above the EU average of 5.4% and the euro area average of 5.1%. Across the European Union, only Finland registered a year-on-year decline in house prices, while the steepest increases were seen in Portugal (17.2%), Bulgaria (15.5%), and Hungary (15.1%).

On a quarterly basis, Malta also saw a modest rise of 1.7% compared with the first quarter of 2025.

The figures reflect ongoing pressure on the housing market, with demand and affordability concerns continuing to affect buyers and renters alike.

The rise in prices comes as wages in Malta have not kept pace with property costs, raising concerns about accessibility for young people and first-time buyers.

Do you think property prices in Malta will continue rising into 2026?