Most of the German population rented their housing. In 2023, around ** million people did so, compared to roughly **** million who had their own house. The German real estate market does offer different housing options, but it is also an increasingly tough one for tenants and future homeowners to navigate amid the ongoing recession. Competitive and expensive Becoming a homeowner is getting more and more difficult in Germany. After almost a decade of uninterrupted growth, the market has entered a period of downturn. For years, homebuyers could access cheap credit, with mortgage rates as low as *** percent. However, in 2022 and 2023, mortgage rates have increased strongly to over **** percent, making it much more expensive to invest in residential property. In addition to that, prices for owner occupied houses have increased by over ** percent since 2015, house price growth had also overtaken that of rentals the same year, making renting the cheaper living option, especially for younger people. The summary of the housing situation sounds familiar worldwide: fierce competition in urban areas when searching for rentals, with demand far outstripping supply, as well as rising property prices for those considering a house purchase. Somewhere to live The decision to rent rather than buy may occur for various reasons. Tenants may simply not be ready financially to buy a home, be that a house or apartment, or they would not be considered by a bank for a loan based on their current earnings. They may be pressed for time and hope to find a place to rent quicker, while buying a home is a long-term commitment, leading to different types of costs and legalities. A ***************** of people lived in shared apartments in recent years, but figures had not changed so much as to rule this type of housing out as a popular option. Shared or not, the average rent prices of residential property in Germany have been going up year after year, both for new buildings and older ones.

In 2024, the rental index in Germany reached 107.5 index points. The index was set to 100 in 2020, which means that compared to then, rent in Germany increased by 7.5 percent. Munich saw the highest average rent price among the larger German cities.

The Germany Car Rental Market is Segmented by Application Type (Leisure /Tourism and Business), Booking Type (Offline and Online), and Rental Length Type (Short Term and Long-Term). The Report Offers the Market Size and Forecast of the German car rental market in value (USD Billion) for the above-mentioned segments.

The Germany Residential Real Estate Market is Segmented by Property Type (Apartments & Condominiums and Villas & Landed Houses), Price Band (Affordable, Mid-Market and Luxury), Business Model (Sales and Rental), Mode of Sale (Primary and Secondary), and Key Cities (Berlin, Hamburg, Munich, Cologne, Frankfurt, Dusseldorf, Leipzig and Rest of Germany). The Market Forecasts are Provided in Terms of Value (USD).

Discover the booming German residential real estate market! Our analysis reveals a €372.77 million market in 2025, growing at a CAGR exceeding 3.06% until 2033. Learn about key drivers, trends, and challenges impacting Berlin, Hamburg, Munich, Cologne, and beyond. Explore insights from leading companies like Vonovia and Deutsche Wohnen. Key drivers for this market are: Strong Demand and Rising Construction Activities to Drive the Market, Rising House Prices in Germany Affecting Demand in the Market. Potential restraints include: Weak economic environment. Notable trends are: Strong Demand And Rising Construction Activities To Drive The Market.

The Germany car rental market is estimated to be valued at USD 3.55 Billion in 2024. The market is expected to grow at a CAGR of 4.65% to reach USD 5.59 Billion in 2034.

Housing Index in Germany increased to 220.43 points in October from 219.91 points in September of 2025. This dataset provides the latest reported value for - Germany House Price Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Prime rents in the major office markets in German cities are expected to grow year-on-year between 2025 and 2029, according to a May 2025 forecast. The Bavarian state capital Munich is expected to achieve the highest rental growth by 2029, at *** percent per annum-*** percentage points above the average rental growth forecast for the major European markets. In Europe, central city offices had better investment and development prospects than suburban offices.

Germany Residential Real Estate Market size was valued at USD 792 Billion in 2024 and is projected to reach USD 1224.72 Billion by 2032, growing at a CAGR of 5.6% during the forecast period from 2026-2032.

Germany Residential Real Estate Market: Definition/Overview

Residential real estate in Germany includes properties for private living such as single-family homes, multi-family units, condominiums, and apartments. These properties serve to people and families looking for permanent or temporary housing, with an emphasis on high-quality construction, energy efficiency, and sustainable design approaches that conform with Germany's severe building laws.

Residential real estate in Germany is a cornerstone of urban growth and housing solutions, providing areas for both personal occupancy and investment.

USD 5.53 Billion in 2024; projected USD 10.71 Billion by 2033; CAGR 7.59%.

The Germany Office Real Estate Market Report is Segmented by Building Grade (Grade A, Grade B and More), by Transaction Type (Rental and Sales), by End Use (Information Technology (IT & ITES), BFSI (Banking, Financial Services and Insurance), and More) and by City (Berlin, Munich and More). The Report Offers Market Size and Forecasts in Value (USD) for all the Above Segments.

The size of the Germany Car Rental Market market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 13.10% during the forecast period. Key drivers for this market are: Growing demand for ADAS likely Drive the Market. Potential restraints include: Lower efficiency in bad weather conditions. Notable trends are: Increasing Demand for Online Car Rental Services.

In 2023, the Germany Real Estate Market reached a value of USD 634.2 million, and it is projected to surge to USD 738.6 million by 2030.

The Germany construction equipment rental market is expected to grow at a CAGR of 4.65% and reach $8.36 billion by 2029 from $6.08 billion in 2022.

The rental of construction machinery and equipment has developed positively over the past five years. Overall, the industry has grown at an average rate of 5.2% per year since 2020. In the current year, the industry's total turnover is also likely to increase moderately despite the ongoing economic weakness in building construction since 2022. IBISWorld expects it to amount to €6.8 billion, which corresponds to an increase of 2.4% compared to the previous year. The profit margin of industry players is currently below the average of the past five years. This development is due to the significant rise in costs for operating materials and supplies since the Russian invasion of Ukraine, as well as an increase in personnel expenses over time.Many customers of construction machinery rental companies, such as construction firms, are increasingly focussing on flexibility and cost efficiency when procuring machinery. They rent machines more often because they shy away from the capital commitment associated with purchasing construction machinery. However, new, partly digital rental and sales models have also made the rental of construction machinery more attractive. Accordingly, the majority of industry players have had well-utilised machine fleets in recent years.In the coming years, IBISWorld also expects slight growth in the sector. At the same time, changes in the industry structure are becoming apparent. On the one hand, these developments are being driven by the increasing spread of digital business models, while on the other, international players are increasingly forcing their way into the industry, which is traditionally characterised by SMEs, and intensifying competition for many smaller companies in the sector. Increased customer requirements in terms of machine availability and service quality are coming up against an industry that has been quite fragmented to date, which is likely to encourage consolidation trends in the long term. IBISWorld anticipates an average annual growth rate of 2% in the period from 2025 to 2030. Industry turnover is expected to amount to 7.5 billion euros in 2030.

Germany Power Rental Market is expected to grow during 2025-2031

Germany Car Rental Market size was valued to be USD 4 Billion in the year 2024, and it is expected to reach USD 9.71 Billion in 2032, at a CAGR of 13.5% over the forecast period of 2026 to 2032.The Germany car rental market is experiencing significant growth, driven by several key factors. A strong tourism industry attracts millions of visitors annually, many of whom rely on rental cars to explore the country's scenic routes and landmarks. Additionally, the increasing demand for flexible mobility solutions, particularly in urban areas, has led to a preference for renting vehicles over ownership. The integration of digital platforms and mobile applications has further enhanced the convenience of booking and managing rentals, contributing to the market's expansion.Technological advancements and a focus on sustainability are also shaping the market. Rental companies are expanding their fleets to include electric and hybrid vehicles, aligning with environmental policies and consumer preferences for eco-friendly transportation. The adoption of contactless services, GPS tracking, and telematics has improved operational efficiency and customer satisfaction. Furthermore, the rise of long-term rentals and subscription-based services offers customers more flexible and cost-effective options, catering to diverse travel needs.

The German condominiums and apartments market is experiencing robust growth, exhibiting a Compound Annual Growth Rate (CAGR) exceeding 7.80% from 2019 to 2024. This expansion is fueled by several key drivers. A burgeoning urban population, particularly in major cities like Berlin, Munich, and Hamburg, is increasing demand for housing. Furthermore, favorable government policies aimed at stimulating housing construction and improving affordability, coupled with low interest rates in recent years (although this may be subject to change), have created a positive investment environment. Strong economic performance in Germany prior to recent global economic uncertainty also contributed to heightened consumer confidence and increased purchasing power, further boosting market activity. While rising construction costs and material shortages present challenges, innovative construction techniques and sustainable building practices are emerging trends mitigating these constraints to some degree. The market is segmented by various factors including location (urban vs. rural), apartment size and type (studio, one-bedroom, etc.), and price range. Analysis of production, consumption, import and export data reveals a dynamic market landscape with significant activity across all segments. Leading players such as Vivawest GmbH, Koster GmbH, and Hochtief Solutions AG are shaping the market through their developments and investments, underscoring the competitiveness and growth potential of this sector. The forecast period of 2025-2033 anticipates continued growth, though potentially at a slightly moderated pace compared to the preceding period, reflecting potential economic shifts and global factors. The market will likely see increased focus on energy-efficient and sustainable buildings, driven by both environmental concerns and government regulations. Competition among developers will remain fierce, with companies focusing on differentiation through innovative designs, prime locations, and advanced building technologies. The regional distribution of growth will likely see continued concentration in major urban areas, while smaller towns and rural areas may experience more moderate expansion, reflecting population distribution trends. Further analysis of the import/export data will provide deeper insights into the role of international trade in influencing supply and demand dynamics. Recent developments include: November 2022: NREP has made its first real estate investment in Germany as part of its strategy to grow throughout Northern Europe. By entering the Polish market in 2021, NREP expanded its reach outside of the Nordic region. Later, through the acquisition of German real estate credit expert Flins Capital Partners, the EUR 18 billion (USD 19.21 Billion) asset management grew both vertically and regionally. NREP announced that it partnered with developer Artisa Group to create 5,000 co-living flats by 2025., September 2022: In Düsseldorf's Stresemannstraße, lime home plans to debut 70 units in the fourth quarter of 2022. In order for the lime home to eventually administer all five levels of the building, IMAXXAM purchased the property. The alliance is founded on an ongoing, fruitful engagement on a project in Munich.. Key drivers for this market are: 4., Aging Population4.; Increased Longevity. Potential restraints include: 4., Inadequate Staffing. Notable trends are: Freehold apartments: Consistent demand maintains steady prices.

Rents in Germany continued to increase in all seven major cities in 2024. The average rent per square meter in Munich was approximately **** euros — the highest in the country. Conversely, Düsseldorf had the most affordable rent, at approximately **** euros per square meter. But how does renting compare to buying? According to the house price to rent ratio, house prices in Germany have risen faster than rents, making renting more affordable than buying. Affordability of housing in Germany In 2023, Germany was among the European countries with a relatively high house price to income ratio in Europe. The indicator compares the affordability of housing across OECD countries and is calculated as the nominal house prices divided by nominal disposable income per head, with 2015 chosen as a base year. Between 2012 and 2022, property prices in the country rose much faster than income, with the house price to income index peaking at *** index points at the beginning of 2022. Slower house price growth in the following years has led to the index declining, as incomes catch up. Nevertheless, homebuyers in 2024 faced significantly higher mortgage interest rates, contributing to a higher final cost. How much does buying a property in Germany cost? Just as with renting, Munich was the most expensive city for newly built apartments. In 2024, the cost per square meter in Munich was almost ***** euros pricier than in the runner-up city, Frankfurt. Detached and semi-detached houses are usually more expensive. The price gap between Munich and the second most expensive city, Stuttgart, was nearly ***** euros per square meter.

Discover the booming German condominiums and apartments market! This comprehensive analysis reveals a CAGR exceeding 7.80% and explores key drivers, trends, and challenges shaping this lucrative sector. Learn about leading companies, regional insights, and the future of German residential real estate. Key drivers for this market are: 4., Aging Population4.; Increased Longevity. Potential restraints include: 4., Inadequate Staffing. Notable trends are: Freehold apartments: Consistent demand maintains steady prices.