Residential property prices climb by almost seven per cent in a year
The latest NSO data shows no sign of a slowdown in Malta's property market
The cost of owning a home in Malta increased by almost seven per cent when compared to last year, the NSO’s property price index says.
The NSO’s Residential Property Price Index (RPPI) for the first quarter of 2026 increased by 6.7 per cent when compared to the same period last year.
The updated National Statistics Office data, published on Thursday, separates the data between apartments and maisonettes.
Apartment prices increased by 6.9 per cent while maisonette prices increased by 5.3 per cent, continuing a trend that has seen flats increase their value more than maisonettes.
Houses are also considered part of the overall index, although the NSO data did not provide data specifically for houses.
On a quarterly basis, the RPPI increased by 1.8 per cent when compared with the fourth quarter of 2025.
The Residential Property Price Index tracks changes in the prices of homes purchased by households. It is one of the main indicators used to monitor trends in Malta's housing market.
Property prices in Malta have risen steadily over the past decade, driven by strong demand, population growth and sustained investment in residential real estate.
While prices are increasing, the average apartment is shrinking in size, according to a study published last year.
It found that the average asking price of apartments was €414,621, compared to €374,070 in 2024.