{
  "id": "macro_economics/housing/europe_housing_market_activity_monthly",
  "generated_at": "2026-07-07T18:44:31.639259+00:00",
  "last_refresh": "2026-07-07",
  "source": "Furnilytics country housing market activity tables and Furnilytics population weights, consolidated into one European housing table.",
  "source_description": "The Europe row weights available country housing activity index values by latest common country population weights and is published when at least 20 countries and 85% of selected population coverage are available.",
  "table_id": "macro_economics/housing/europe_housing_market_activity_monthly",
  "meta": {
    "indicator_name": "Europe Housing Market Activity",
    "indicator_description": "Monthly Europe housing market activity indicator based on a population-weighted composite of country housing activity indexes, indexed to 2019 = 100.",
    "title": "Europe Housing Market Activity",
    "description": "Monthly Europe housing market activity indicator based on a population-weighted composite of country housing activity indexes, indexed to 2019 = 100.",
    "source": "Furnilytics country housing market activity tables and Furnilytics population weights, consolidated into one European housing table.",
    "source_description": "The Europe row weights available country housing activity index values by latest common country population weights and is published when at least 20 countries and 85% of selected population coverage are available.",
    "visibility": "paid",
    "updated_at": "2026-07-07T18:22:53.564737Z",
    "last_refresh": "2026-07-07",
    "table_id": "macro_economics/housing/europe_housing_market_activity_monthly",
    "topic": "Macroeconomics",
    "subtopic": "Housing",
    "geo": [
      "EUROPE"
    ],
    "geo_included": [
      "EUROPE"
    ],
    "page_slug": "europe-housing-market-activity",
    "page_url": "/indicators/macroeconomics/housing/europe-housing-market-activity/",
    "chart_type": "line",
    "series_type": "single",
    "frequency": "monthly",
    "units": "Index (2019 = 100)",
    "legend": false,
    "featured_topic": true,
    "featured_subtopic": true,
    "featured_rank_topic": 5,
    "featured_rank_subtopic": 2,
    "chart_title": "Europe Housing Market Activity",
    "y_axis_label": "Index [2019=100]",
    "related_indicators": [
      {
        "title": "Europe Furniture Consumer Market Size",
        "url": "/indicators/retail/market-size/europe-furniture-consumer-market-size/",
        "label": "Market size"
      },
      {
        "title": "Europe Furniture Production Market Size by Country",
        "url": "/indicators/industry/market-size/europe-furniture-production-market-size-by-country/",
        "label": "Industry"
      },
      {
        "title": "Europe Consumer Confidence",
        "url": "/indicators/macroeconomics/consumer-sentiment/europe-consumer-confidence/",
        "label": "Sentiment"
      }
    ],
    "taxonomy_path": [
      "macroeconomics",
      "housing",
      "market-activity"
    ],
    "taxonomy_labels": [
      "Macroeconomics",
      "Housing",
      "Market activity"
    ],
    "taxonomy_nodes": [
      {
        "id": "macroeconomics",
        "label": "Macroeconomics",
        "has_page": true,
        "sort_order": 30
      },
      {
        "id": "housing",
        "label": "Housing",
        "has_page": true,
        "sort_order": 20
      },
      {
        "id": "market-activity",
        "label": "Market activity",
        "has_page": false,
        "sort_order": 10
      }
    ],
    "taxonomy_page_path": [
      "macroeconomics",
      "housing"
    ],
    "taxonomy_page_labels": [
      "Macroeconomics",
      "Housing"
    ],
    "taxonomy_collection": "market-activity",
    "taxonomy_collection_label": "Market activity",
    "entity": {
      "type": "country",
      "geo": [
        "EUROPE"
      ]
    },
    "methodology_url": "/about/methodology/housing-market-activity/",
    "methodology_label": "Housing Market Activity Methodology",
    "data_hash": "b8d81cc1e0cd27359eec954817f5ae322f2f0e5b3e18fc93c17d23793e593115",
    "trend_summary": "The Europe housing market activity indicator has experienced significant fluctuations since 2017, peaking at 121.4 in July 2021 before declining to a trough of 77.2 in September 2023. Currently, the index stands at 96.7, which is below the historical average but indicates some stabilization compared to the recent low. Recent momentum shows a year-over-year increase of 5.5% over the past three months, reflecting a potential recovery phase. However, the overall trend remains cautious given the recent historical context.",
    "trend_summary_generated_at": "2026-07-07T18:44:43.028857+00:00",
    "key_findings": [
      "The Europe housing activity index is at 96.7, below the 2019 baseline, indicating a cautious demand signal for housing-linked markets.",
      "Recent sideways movement in housing activity suggests no clear new impulse, keeping the residential cycle below earlier momentum.",
      "The index's current level should be viewed alongside the Europe furniture consumer market size of 185.5 billion euro in 2025, reflecting a fragile consumer backdrop."
    ],
    "key_findings_source": "ai_rewrite",
    "key_findings_generated_at": "2026-07-07T18:44:50.688925+00:00",
    "chart_alt_text": "Line chart for Europe Housing Market Activity in index points. The series runs from 2017-08-01 to 2026-03-01; the latest value is 96.7 index points. The peak is 121.4 index points in 2021-07-01."
  },
  "data": [
    {
      "date": "2017-08-01",
      "geo": "EUROPE",
      "value": 98.97,
      "country_count": 26,
      "population_weight_coverage": 1.0,
      "countries_included": "AT,BE,BG,CZ,DE,DK,EE,ES,FI,FR,GR,HU,IE,IT,LT,LV,NL,NO,PL,PT,RO,RS,SE,SI,SK,UK",
      "population_weight_year": 2025,
      "aggregation_method": "population-weighted country composite"
    },
    {
      "date": "2017-09-01",
      "geo": "EUROPE",
      "value": 97.4,
      "country_count": 26,
      "population_weight_coverage": 1.0,
      "countries_included": "AT,BE,BG,CZ,DE,DK,EE,ES,FI,FR,GR,HU,IE,IT,LT,LV,NL,NO,PL,PT,RO,RS,SE,SI,SK,UK",
      "population_weight_year": 2025,
      "aggregation_method": "population-weighted country composite"
    },
    {
      "date": "2017-10-01",
      "geo": "EUROPE",
      "value": 93.54,
      "country_count": 25,
      "population_weight_coverage": 0.9638,
      "countries_included": "AT,BE,BG,CZ,DE,DK,EE,ES,FI,FR,GR,HU,IE,IT,LT,LV,NL,NO,PL,PT,RS,SE,SI,SK,UK",
      "population_weight_year": 2025,
      "aggregation_method": "population-weighted country composite"
    },
    {
      "date": "2017-11-01",
      "geo": "EUROPE",
      "value": 94.38,
      "country_count": 26,
      "population_weight_coverage": 1.0,
      "countries_included": "AT,BE,BG,CZ,DE,DK,EE,ES,FI,FR,GR,HU,IE,IT,LT,LV,NL,NO,PL,PT,RO,RS,SE,SI,SK,UK",
      "population_weight_year": 2025,
      "aggregation_method": "population-weighted country composite"
    },
    {
      "date": "2017-12-01",
      "geo": "EUROPE",
      "value": 96.99,
      "country_count": 25,
      "population_weight_coverage": 0.9974,
      "countries_included": "AT,BE,BG,CZ,DE,DK,ES,FI,FR,GR,HU,IE,IT,LT,LV,NL,NO,PL,PT,RO,RS,SE,SI,SK,UK",
      "population_weight_year": 2025,
      "aggregation_method": "population-weighted country composite"
    },
    {
      "date": "2018-01-01",
      "geo": "EUROPE",
      "value": 95.96,
      "country_count": 26,
      "population_weight_coverage": 1.0,
      "countries_included": "AT,BE,BG,CZ,DE,DK,EE,ES,FI,FR,GR,HU,IE,IT,LT,LV,NL,NO,PL,PT,RO,RS,SE,SI,SK,UK",
      "population_weight_year": 2025,
      "aggregation_method": "population-weighted country composite"
    },
    {
      "date": "2018-02-01",
      "geo": "EUROPE",
      "value": 96.11,
      "country_count": 26,
      "population_weight_coverage": 1.0,
      "countries_included": "AT,BE,BG,CZ,DE,DK,EE,ES,FI,FR,GR,HU,IE,IT,LT,LV,NL,NO,PL,PT,RO,RS,SE,SI,SK,UK",
      "population_weight_year": 2025,
      "aggregation_method": "population-weighted country composite"
    },
    {
      "date": "2018-03-01",
      "geo": "EUROPE",
      "value": 97.92,
      "country_count": 26,
      "population_weight_coverage": 1.0,
      "countries_included": "AT,BE,BG,CZ,DE,DK,EE,ES,FI,FR,GR,HU,IE,IT,LT,LV,NL,NO,PL,PT,RO,RS,SE,SI,SK,UK",
      "population_weight_year": 2025,
      "aggregation_method": "population-weighted country composite"
    },
    {
      "date": "2018-04-01",
      "geo": "EUROPE",
      "value": 97.69,
      "country_count": 26,
      "population_weight_coverage": 1.0,
      "countries_included": "AT,BE,BG,CZ,DE,DK,EE,ES,FI,FR,GR,HU,IE,IT,LT,LV,NL,NO,PL,PT,RO,RS,SE,SI,SK,UK",
      "population_weight_year": 2025,
      "aggregation_method": "population-weighted country composite"
    },
    {
      "date": "2018-05-01",
      "geo": "EUROPE",
      "value": 101.37,
      "country_count": 26,
      "population_weight_coverage": 1.0,
      "countries_included": "AT,BE,BG,CZ,DE,DK,EE,ES,FI,FR,GR,HU,IE,IT,LT,LV,NL,NO,PL,PT,RO,RS,SE,SI,SK,UK",
      "population_weight_year": 2025,
      "aggregation_method": "population-weighted country composite"
    },
    {
      "date": "2018-06-01",
      "geo": "EUROPE",
      "value": 101.28,
      "country_count": 25,
      "population_weight_coverage": 0.9965,
      "countries_included": "AT,BE,BG,CZ,DE,DK,EE,ES,FI,FR,GR,HU,IE,IT,LT,NL,NO,PL,PT,RO,RS,SE,SI,SK,UK",
      "population_weight_year": 2025,
      "aggregation_method": "population-weighted country composite"
    },
    {
      "date": "2018-07-01",
      "geo": "EUROPE",
      "value": 105.43,
      "country_count": 25,
      "population_weight_coverage": 0.9965,
      "countries_included": "AT,BE,BG,CZ,DE,DK,EE,ES,FI,FR,GR,HU,IE,IT,LT,NL,NO,PL,PT,RO,RS,SE,SI,SK,UK",
      "population_weight_year": 2025,
      "aggregation_method": "population-weighted country composite"
    },
    {
      "date": "2018-08-01",
      "geo": "EUROPE",
      "value": 99.58,
      "country_count": 26,
      "population_weight_coverage": 1.0,
      "countries_included": "AT,BE,BG,CZ,DE,DK,EE,ES,FI,FR,GR,HU,IE,IT,LT,LV,NL,NO,PL,PT,RO,RS,SE,SI,SK,UK",
      "population_weight_year": 2025,
      "aggregation_method": "population-weighted country composite"
    },
    {
      "date": "2018-09-01",
      "geo": "EUROPE",
      "value": 99.24,
      "country_count": 26,
      "population_weight_coverage": 1.0,
      "countries_included": "AT,BE,BG,CZ,DE,DK,EE,ES,FI,FR,GR,HU,IE,IT,LT,LV,NL,NO,PL,PT,RO,RS,SE,SI,SK,UK",
      "population_weight_year": 2025,
      "aggregation_method": "population-weighted country composite"
    },
    {
      "date": "2018-10-01",
      "geo": "EUROPE",
      "value": 97.54,
      "country_count": 25,
      "population_weight_coverage": 0.9974,
      "countries_included": "AT,BE,BG,CZ,DE,DK,ES,FI,FR,GR,HU,IE,IT,LT,LV,NL,NO,PL,PT,RO,RS,SE,SI,SK,UK",
      "population_weight_year": 2025,
      "aggregation_method": "population-weighted country composite"
    },
    {
      "date": "2018-11-01",
      "geo": "EUROPE",
      "value": 98.12,
      "country_count": 26,
      "population_weight_coverage": 1.0,
      "countries_included": "AT,BE,BG,CZ,DE,DK,EE,ES,FI,FR,GR,HU,IE,IT,LT,LV,NL,NO,PL,PT,RO,RS,SE,SI,SK,UK",
      "population_weight_year": 2025,
      "aggregation_method": "population-weighted country composite"
    },
    {
      "date": "2018-12-01",
      "geo": "EUROPE",
      "value": 99.6,
      "country_count": 25,
      "population_weight_coverage": 0.9965,
      "countries_included": "AT,BE,BG,CZ,DE,DK,EE,ES,FI,FR,GR,HU,IE,IT,LT,NL,NO,PL,PT,RO,RS,SE,SI,SK,UK",
      "population_weight_year": 2025,
      "aggregation_method": "population-weighted country composite"
    },
    {
      "date": "2019-01-01",
      "geo": "EUROPE",
      "value": 96.4,
      "country_count": 25,
      "population_weight_coverage": 0.9965,
      "countries_included": "AT,BE,BG,CZ,DE,DK,EE,ES,FI,FR,GR,HU,IE,IT,LT,NL,NO,PL,PT,RO,RS,SE,SI,SK,UK",
      "population_weight_year": 2025,
      "aggregation_method": "population-weighted country composite"
    },
    {
      "date": "2019-02-01",
      "geo": "EUROPE",
      "value": 92.46,
      "country_count": 25,
      "population_weight_coverage": 0.9965,
      "countries_included": "AT,BE,BG,CZ,DE,DK,EE,ES,FI,FR,GR,HU,IE,IT,LT,NL,NO,PL,PT,RO,RS,SE,SI,SK,UK",
      "population_weight_year": 2025,
      "aggregation_method": "population-weighted country composite"
    },
    {
      "date": "2019-03-01",
      "geo": "EUROPE",
      "value": 95.11,
      "country_count": 26,
      "population_weight_coverage": 1.0,
      "countries_included": "AT,BE,BG,CZ,DE,DK,EE,ES,FI,FR,GR,HU,IE,IT,LT,LV,NL,NO,PL,PT,RO,RS,SE,SI,SK,UK",
      "population_weight_year": 2025,
      "aggregation_method": "population-weighted country composite"
    },
    {
      "date": "2019-04-01",
      "geo": "EUROPE",
      "value": 95.87,
      "country_count": 26,
      "population_weight_coverage": 1.0,
      "countries_included": "AT,BE,BG,CZ,DE,DK,EE,ES,FI,FR,GR,HU,IE,IT,LT,LV,NL,NO,PL,PT,RO,RS,SE,SI,SK,UK",
      "population_weight_year": 2025,
      "aggregation_method": "population-weighted country composite"
    },
    {
      "date": "2019-05-01",
      "geo": "EUROPE",
      "value": 99.97,
      "country_count": 25,
      "population_weight_coverage": 0.9965,
      "countries_included": "AT,BE,BG,CZ,DE,DK,EE,ES,FI,FR,GR,HU,IE,IT,LT,NL,NO,PL,PT,RO,RS,SE,SI,SK,UK",
      "population_weight_year": 2025,
      "aggregation_method": "population-weighted country composite"
    },
    {
      "date": "2019-06-01",
      "geo": "EUROPE",
      "value": 99.38,
      "country_count": 26,
      "population_weight_coverage": 1.0,
      "countries_included": "AT,BE,BG,CZ,DE,DK,EE,ES,FI,FR,GR,HU,IE,IT,LT,LV,NL,NO,PL,PT,RO,RS,SE,SI,SK,UK",
      "population_weight_year": 2025,
      "aggregation_method": "population-weighted country composite"
    },
    {
      "date": "2019-07-01",
      "geo": "EUROPE",
      "value": 104.52,
      "country_count": 26,
      "population_weight_coverage": 1.0,
      "countries_included": "AT,BE,BG,CZ,DE,DK,EE,ES,FI,FR,GR,HU,IE,IT,LT,LV,NL,NO,PL,PT,RO,RS,SE,SI,SK,UK",
      "population_weight_year": 2025,
      "aggregation_method": "population-weighted country composite"
    },
    {
      "date": "2019-08-01",
      "geo": "EUROPE",
      "value": 98.94,
      "country_count": 25,
      "population_weight_coverage": 0.9974,
      "countries_included": "AT,BE,BG,CZ,DE,DK,ES,FI,FR,GR,HU,IE,IT,LT,LV,NL,NO,PL,PT,RO,RS,SE,SI,SK,UK",
      "population_weight_year": 2025,
      "aggregation_method": "population-weighted country composite"
    },
    {
      "date": "2019-09-01",
      "geo": "EUROPE",
      "value": 101.62,
      "country_count": 25,
      "population_weight_coverage": 0.9965,
      "countries_included": "AT,BE,BG,CZ,DE,DK,EE,ES,FI,FR,GR,HU,IE,IT,LT,NL,NO,PL,PT,RO,RS,SE,SI,SK,UK",
      "population_weight_year": 2025,
      "aggregation_method": "population-weighted country composite"
    },
    {
      "date": "2019-10-01",
      "geo": "EUROPE",
      "value": 102.74,
      "country_count": 25,
      "population_weight_coverage": 0.9965,
      "countries_included": "AT,BE,BG,CZ,DE,DK,EE,ES,FI,FR,GR,HU,IE,IT,LT,NL,NO,PL,PT,RO,RS,SE,SI,SK,UK",
      "population_weight_year": 2025,
      "aggregation_method": "population-weighted country composite"
    },
    {
      "date": "2019-11-01",
      "geo": "EUROPE",
      "value": 104.71,
      "country_count": 26,
      "population_weight_coverage": 1.0,
      "countries_included": "AT,BE,BG,CZ,DE,DK,EE,ES,FI,FR,GR,HU,IE,IT,LT,LV,NL,NO,PL,PT,RO,RS,SE,SI,SK,UK",
      "population_weight_year": 2025,
      "aggregation_method": "population-weighted country composite"
    },
    {
      "date": "2019-12-01",
      "geo": "EUROPE",
      "value": 108.25,
      "country_count": 26,
      "population_weight_coverage": 1.0,
      "countries_included": "AT,BE,BG,CZ,DE,DK,EE,ES,FI,FR,GR,HU,IE,IT,LT,LV,NL,NO,PL,PT,RO,RS,SE,SI,SK,UK",
      "population_weight_year": 2025,
      "aggregation_method": "population-weighted country composite"
    },
    {
      "date": "2020-01-01",
      "geo": "EUROPE",
      "value": 105.58,
      "country_count": 25,
      "population_weight_coverage": 0.9974,
      "countries_included": "AT,BE,BG,CZ,DE,DK,ES,FI,FR,GR,HU,IE,IT,LT,LV,NL,NO,PL,PT,RO,RS,SE,SI,SK,UK",
      "population_weight_year": 2025,
      "aggregation_method": "population-weighted country composite"
    },
    {
      "date": "2020-02-01",
      "geo": "EUROPE",
      "value": 104.13,
      "country_count": 26,
      "population_weight_coverage": 1.0,
      "countries_included": "AT,BE,BG,CZ,DE,DK,EE,ES,FI,FR,GR,HU,IE,IT,LT,LV,NL,NO,PL,PT,RO,RS,SE,SI,SK,UK",
      "population_weight_year": 2025,
      "aggregation_method": "population-weighted country composite"
    },
    {
      "date": "2020-03-01",
      "geo": "EUROPE",
      "value": 98.67,
      "country_count": 26,
      "population_weight_coverage": 1.0,
      "countries_included": "AT,BE,BG,CZ,DE,DK,EE,ES,FI,FR,GR,HU,IE,IT,LT,LV,NL,NO,PL,PT,RO,RS,SE,SI,SK,UK",
      "population_weight_year": 2025,
      "aggregation_method": "population-weighted country composite"
    },
    {
      "date": "2020-04-01",
      "geo": "EUROPE",
      "value": 94.31,
      "country_count": 25,
      "population_weight_coverage": 0.8679,
      "countries_included": "AT,BE,BG,CZ,DE,DK,EE,ES,FI,FR,GR,HU,IE,IT,LT,LV,NL,NO,PL,PT,RO,RS,SE,SI,SK",
      "population_weight_year": 2025,
      "aggregation_method": "population-weighted country composite"
    },
    {
      "date": "2020-05-01",
      "geo": "EUROPE",
      "value": 95.94,
      "country_count": 25,
      "population_weight_coverage": 0.8679,
      "countries_included": "AT,BE,BG,CZ,DE,DK,EE,ES,FI,FR,GR,HU,IE,IT,LT,LV,NL,NO,PL,PT,RO,RS,SE,SI,SK",
      "population_weight_year": 2025,
      "aggregation_method": "population-weighted country composite"
    },
    {
      "date": "2020-06-01",
      "geo": "EUROPE",
      "value": 99.01,
      "country_count": 25,
      "population_weight_coverage": 0.8679,
      "countries_included": "AT,BE,BG,CZ,DE,DK,EE,ES,FI,FR,GR,HU,IE,IT,LT,LV,NL,NO,PL,PT,RO,RS,SE,SI,SK",
      "population_weight_year": 2025,
      "aggregation_method": "population-weighted country composite"
    },
    {
      "date": "2020-07-01",
      "geo": "EUROPE",
      "value": 102.21,
      "country_count": 24,
      "population_weight_coverage": 0.8653,
      "countries_included": "AT,BE,BG,CZ,DE,DK,ES,FI,FR,GR,HU,IE,IT,LT,LV,NL,NO,PL,PT,RO,RS,SE,SI,SK",
      "population_weight_year": 2025,
      "aggregation_method": "population-weighted country composite"
    },
    {
      "date": "2020-08-01",
      "geo": "EUROPE",
      "value": 96.08,
      "country_count": 25,
      "population_weight_coverage": 0.8679,
      "countries_included": "AT,BE,BG,CZ,DE,DK,EE,ES,FI,FR,GR,HU,IE,IT,LT,LV,NL,NO,PL,PT,RO,RS,SE,SI,SK",
      "population_weight_year": 2025,
      "aggregation_method": "population-weighted country composite"
    },
    {
      "date": "2020-09-01",
      "geo": "EUROPE",
      "value": 99.99,
      "country_count": 25,
      "population_weight_coverage": 0.8679,
      "countries_included": "AT,BE,BG,CZ,DE,DK,EE,ES,FI,FR,GR,HU,IE,IT,LT,LV,NL,NO,PL,PT,RO,RS,SE,SI,SK",
      "population_weight_year": 2025,
      "aggregation_method": "population-weighted country composite"
    },
    {
      "date": "2020-10-01",
      "geo": "EUROPE",
      "value": 101.03,
      "country_count": 25,
      "population_weight_coverage": 0.8679,
      "countries_included": "AT,BE,BG,CZ,DE,DK,EE,ES,FI,FR,GR,HU,IE,IT,LT,LV,NL,NO,PL,PT,RO,RS,SE,SI,SK",
      "population_weight_year": 2025,
      "aggregation_method": "population-weighted country composite"
    },
    {
      "date": "2020-11-01",
      "geo": "EUROPE",
      "value": 105.72,
      "country_count": 25,
      "population_weight_coverage": 0.8679,
      "countries_included": "AT,BE,BG,CZ,DE,DK,EE,ES,FI,FR,GR,HU,IE,IT,LT,LV,NL,NO,PL,PT,RO,RS,SE,SI,SK",
      "population_weight_year": 2025,
      "aggregation_method": "population-weighted country composite"
    },
    {
      "date": "2020-12-01",
      "geo": "EUROPE",
      "value": 109.8,
      "country_count": 25,
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}