Q1 is not Europe’s universal slow quarter

Average share of annual home sales in Q1 versus Q4, 2015-2025. National data provide market context for four PFC cities.

Grouped horizontal bars compare the average Q1 and Q4 shares of annual home sales from 2015 to 2025. Q1 is higher in Hungary and Poland. Q4 is higher in Spain and Portugal.

(Please use a modern browser to see the interactive version of this visualization)

National transaction shares are used as context for Budapest, Warsaw, Valencia and Lisbon. They are not city-level transaction counts. Values are 11-year averages calculated by PFC.

Chart: Place for Capital ResearchSource: Eurostat, prc_hpi_hsnq; PFC calculationGet the data