Malta property prices rise 5.7% annually in Q3 2025

Malta’s residential property prices continued to rise in the third quarter of 2025, with the Residential Property Price Index (RPPI) increasing by 5.7 per cent compared to the same quarter last year, according to new data published by the National Statistics Office.

The RPPI tracks changes in residential property prices across Malta and is based on actual transaction data provided by the tax authority. It covers apartments, maisonettes and houses, with 2015 used as the base year (2015 = 100).

The RPPI stood at 174.63 in Q3 2025, reflecting sustained price growth in the housing market despite signs of moderation compared to earlier years. On a quarterly basis, the index rose by 1.6 per cent when compared to the second quarter of 2025.

Price growth was evident across all major residential property types. The Apartments Price Index reached 174.10, recording an annual increase of 5.3 per cent, while the Maisonettes Price Index stood at 166.75, reflecting a stronger year-on-year rise of 5.9 per cent.

The aggregate RPPI, which includes apartments, maisonettes and houses, is compiled using a Laspeyres-type formula, with weights based on the value of transactions. The index is chain-linked annually, allowing for periodic revisions in weights to reflect changing market dynamics.

The NSO noted that the RPPI is based on transaction data provided by the tax authority and does not distinguish between new and existing dwellings.