GLOPRAGlobal Property Radar

Maltese Home Prices Rose 6.9% in a Year, With Apartments Up 7.4%

Malta's statistics office puts residential price growth at 6.9% year on year in the second quarter, with apartments at 7.4% and maisonettes at 4.3%.

The facts

  • The Residential Property Price Index for Malta rose by +6.9% in the second quarter of 2026 compared with the second quarter of 2025.
  • Compared with the first quarter of 2026 the index rose by 1.6%, and its reading for the quarter was 105.94.
  • Apartments rose 7.4% over the year, to an index reading of 106.31.
  • Maisonettes rose 4.3% over the year, to an index reading of 103.81.
  • The release carries the reference number 172/2026 and is dated 1 October 2026.
  • The index is built with a Laspeyres-type formula using transaction-value weights, and this release prints no separate index for houses.

What it means for your money

  • Entering the Maltese market costs 6.9% more than a year ago. The choice of dwelling type changed that cost considerably.
  • The two published segments moved at different speeds: an apartment buyer faced 7.4% annual growth and a maisonette buyer 4.3%, so the choice of dwelling type changed the entry price by a wide margin over twelve months.
  • Glopra's Malta figure puts the island-wide median asking price for a three-bedroom home at 615,649 US dollars, from a September 2026 portal report. That is an asking figure for one bedroom-count segment, not a transacted national average, and the index above is the transaction-weighted measure.
  • Existing Maltese owners are on the other side of the same move: the asset they already hold is valued higher, on that same transaction-weighted index.

What to watch

  • The index is quarterly, so the next release will show whether the apartment and maisonette rates keep diverging.
  • This release prints no index for houses, so nothing about that segment can be read from it.
  • The 105.94 reading is an index level, not a price, and the release prints no price per square metre.

Sources: National Statistics Office Malta, Residential Property Price Index Q2 2026, News Release 172/2026, 1 October 2026 https://nso.gov.mt/residential-property-price-index-rppi-q2-2026/

Market data: Malta