The Bank of Albania estimates show that property prices are continuing to increase at high rates. According to the Fischer index, housing prices nationwide increased by 14.6% in the first half of this year compared to the second half of 2024 and by 41.7% compared to the same period a year earlier.

The increase was somewhat lower for Tirana. The sales price index in Tirana increased by 5.1% compared to the second half of 2023 and 32.6% compared to the same period of the previous year. This indicates that the main effect on price increases appears to have been provided by the coastal areas of the country.

Rental prices, according to agents, have also increased during the period, although the Bank of Albania does not provide concrete measurements in figures. Information on demand and rental prices comes mainly from agents operating in the capital area. According to them, the overall demand for rentals is reported to be higher than the demand during the previous six months.

Subjects' assessments of the market situation and prices in the housing market remain generally positive, both in the short and longer term.

The overall assessment of the agents for the general market situation was somewhat more positive compared to the previous six months. In response to the question “How do you assess the market situation compared to the previous (six-month) period?”, the net balance of responses was positive by about 6%, with particularly optimistic responses for the capital area, where the balance value was significantly more positive than the long-term average. The same indicator assessed only for entities that have reported sales resulted significantly more positive during the period, with a net balance of about 21%.

The balance of the indicator of the number of new housing units registered by agents showed a slight improvement compared to the previous period. The net balance of those reporting an increase in the number of registered housing units and those reporting a decrease in their number was -2%, or almost neutral. On the other hand, the number of unsold properties, both for residential and commercial buildings, has continued to decline for several consecutive six-month periods.

However, the average time to sell homes nationwide increased to 11.6 months, from 9.3 months in the previous survey.

Financing through bank loans continued to figure in a good portion of property sales. According to agents, as in the previous period, 58% of residential and commercial properties sold by them were purchased with bank loans. Of these, in 62% of cases, the loan covered up to 60% of the value.

During the first half of 2025, around 15% of housing sales were reported to have been purchased by non-residents, compared to 18% in the previous half. Of these, around 71% were EU citizens, down from 77% reported in the previous half.