Malta’s residential property prices continued their upward trajectory in the final quarter of 2025, with the Residential Property Price Index (RPPI) rising by 6.1 per cent year-on-year, according to new data published by the National Statistics Office (NSO).
The RPPI stood at 177.36 in Q4 2025, up from 174.63 in the previous quarter, signalling a modest acceleration in annual growth compared to the 5.7 per cent increase recorded in Q3.
On a quarterly basis, property prices increased by 1.3 per cent between Q3 and Q4, slightly easing from the 1.6 per cent growth registered in the previous quarter, suggesting a degree of stabilisation in short-term price momentum.
Apartments lead growth, while maisonettes ease
Price increases remained broad-based across property types, though with some divergence in performance.
The Apartments Price Index rose to 177.46, marking an annual increase of 6.2 per cent, up from 5.3 per cent in Q3, indicating stronger demand in this segment.
Meanwhile, the Maisonettes Price Index stood at 167.38, with annual growth slowing to 5.3 per cent compared to 5.9 per cent in the previous quarter, pointing to a slight cooling in this category.
The latest figures confirm that Malta’s housing market remains on a steady growth path, with annual increases hovering around the 5–6 per cent range throughout 2025.
In Q3 of the same year, 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.
While the uptick in annual growth between Q3 and Q4 suggests renewed price pressure, the slower quarterly increase may indicate that the market is entering a more stable phase following stronger growth seen in previous years.
The RPPI, which tracks changes in residential property prices based on transaction data provided by the tax authority, covers apartments, maisonettes and houses, with 2015 as its base year.
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