In Cyprus, the relative percentages for the same period are in line with the European average, as 68.6% lived in a privately owned house (69.7% in the EU) while 31.4% lived in a rented house (30.3% in the EU).

The highest rate of homeownership was recorded in Romania where 96.1% lived in a privately owned home. It was followed by Slovakia (92.3%) and Hungary and Croatia (both 91.3%).

Homeownership was more common in all Member States in 2020, except in Germany, where half the population lived in privately owned housing and the other half in rent (50.4% and 49.6% respectively).

Homeownership rates were also low in Austria (55.3%) and Denmark (59.3%).

In terms of the percentage of the population living in rented housing, Cyprus was in 7th place out of 26 countries (no data was provided for Italy).

Source: Knews