The rise in housing prices slowed during the first half of this year. According to data from the Bank of Albania, the Fisher housing price index remained unchanged compared to the previous six-month period, while rising by 10% year-on-year.

The pace of annual price growth also decelerated significantly compared to the levels of 28% recorded in the second half of 2025 and 41.7% in the first half of 2025.

Specifically regarding Tirana, the market showed stronger performance on a six-month basis - with a 10% price increase compared to the second half of 2025 - but weaker growth on an annual basis, rising by 9% compared to the first half of the previous year.

Agents' overall assessment of the market situation was somewhat more positive compared to the previous period. In response to the question, "How do you assess the market situation compared to the previous period (six-month term)?", the net balance of responses was positive (+15%), with particularly optimistic feedback regarding the coastal area, where the balance figure was significantly more positive than the long-term average. When this same indicator was assessed solely for entities that reported actual sales, the result was notably more positive for the period, showing a net balance of approximately 35%.

At the same time, the structure of transactions - analyzed by the difference between the realized sale price and the asking price - remained generally stable; transaction prices were broadly comparable to the prices originally sought by property sellers.

The majority of sales continued to be concluded at prices matching or up to 5% below the initial asking price, while transactions involving larger discounts remained rare.

The inventory of unsold properties - covering both residential and commercial units - has continued to decline for several consecutive six-month periods.

The average time required to sell residential properties nationwide rose slightly to 9.9 months, up from 9.1 months in the previous survey. In Tirana specifically, the average sales period increased to 9.7 months, compared to 8.1 months previously. The average time to sell properties in coastal areas decreased from 9.9 to 8.2 months, whereas in other areas, the sales period was slightly longer than in the previous six-month period, rising from 10.1 to 10.6 months.

Bank financing continued to play a significant role in property sales. According to agents, approximately 58% of the residential and commercial properties they sold were purchased using bank loans. In 34% of these cases, the loan covered up to 60% of the property value.

During the first half of 2026, approximately 20% of the residential properties sold were reportedly purchased by non-resident nationals. Of these, about 85% were citizens of EU countries. Overall, the share of transactions involving non-resident buyers has shown an upward trend over the past five years.

The surveyed entities hold positive expectations for the future. Agents anticipate positive market performance in their operating areas for both the short term and the longer term (up to two years). Information regarding price trends and the assessment of the situation by real estate market agents is gathered through a field survey of a sample comprising 230 entities whose primary business activity is real estate trading.