Graph and download economic data for Real Residential Property Prices for Germany (QDER628BIS) from Q1 1970 to Q2 2025 about Germany, residential, HPI, housing, real, price index, indexes, and price.

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.

The house price index in Germany increased steadily from 2015 to 2022, followed by a decline until the first quarter of 2024. The index amounted to 100 in 2015 and, at its peak in the second quarter of 2022, exceeded 167 index points, meaning that house prices had risen by 67 percent during that period. Among the leading residential real estate markets in Germany, Munich had the highest square meter price for apartments.

The average price of detached and duplex houses in the biggest cities in Germany varied between approximately ***** euros and 10,000 euros per square meter in 2024. Housing was most expensive in Munich, where the square meter price of houses amounted to ***** euros. Conversely, Berlin was most affordable, with the square meter price at ***** euros. How have German house prices evolved? House prices maintained an upward trend for more than a decade, with 2020 and 2021 experiencing exceptionally high growth rates. In 2021, the nominal year-on-year change exceeded 10 percent. Nevertheless, the second half of 2022 saw the market slowing, with the annual percentage change turning negative for the first time in 12 years. Another way to examine the price growth is through the house price index, which uses 2015 as a base. At its peak in 2022, the German house price index measured about *** percent, which means that a house bought in 2015 would have appreciated by ** percent. Is housing affordable in Germany? Housing affordability depends greatly on income: High-income areas often tend to have more expensive housing, which does not necessarily make them unaffordable. The house price to income index measures the development of the cost of housing relative to income. In the first quarter of 2024, the index value stood at ***, meaning that since 2015, house price growth has outpaced income growth by about ** percent. Compared with the average for the euro area, this value was lower.

House Price Index YoY in Germany decreased to 2.50 percent in October from 2.60 percent in September of 2025. This dataset includes a chart with historical data for Germany House Price Index YoY.

The nominal price of residential properties in Germany in the second quarter of 2025 showed an increase of **** percent. This marks a recovery from previous declines, as the annual house price growth had turned negative in the earlier quarters of 2023, where house prices fell by over ** percent. Adjusted for inflation, the increase was noted at **** percent in the second quarter of 2025. This trend could be observed across the major German cities.

Residential Property Prices in Germany increased 3.18 percent in June of 2025 over the same month in the previous year. This dataset includes a chart with historical data for Germany Residential Property Prices.

Key information about House Prices Growth

• Germany house prices grew 3.2% YoY in Jun 2025, following an increase of 3.5% YoY in the previous quarter.
• YoY growth data is updated quarterly, available from Mar 2001 to Jun 2025, with an average growth rate of 3.8%.
• House price data reached an all-time high of 12.8% in Sep 2021 and a record low of -10.2% in Sep 2023.

In Q4 2024, the real estate price index in Germany was ***. This means that prices rose by ** percent compared to the baseline of Q1 2004. This was virtually unchanged from the previous year.

View quarterly updates and historical trends for Germany House Price Index. Source: Eurostat. Track economic data with YCharts analytics.

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.

Germany - House price index was 3.20% in June of 2025, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Germany - House price index - last updated from the EUROSTAT on December of 2025. Historically, Germany - House price index reached a record high of 12.80% in September of 2021 and a record low of -10.20% in September of 2023.

Germany House Price Index: Existing Residential Properties data was reported at 129.900 2010=100 in Dec 2016. This records an increase from the previous number of 127.700 2010=100 for Sep 2016. Germany House Price Index: Existing Residential Properties data is updated quarterly, averaging 101.950 2010=100 from Mar 2000 (Median) to Dec 2016, with 68 observations. The data reached an all-time high of 129.900 2010=100 in Dec 2016 and a record low of 97.000 2010=100 in Mar 2007. Germany House Price Index: Existing Residential Properties data remains active status in CEIC and is reported by Statistisches Bundesamt. The data is categorized under Global Database’s Germany – Table DE.EB003: House Price Index: 2010=100. Rebased from 2010=100 to 2015=100 Replacement series ID: 388473217

View quarterly updates and historical trends for Germany House Price Index. Source: Federal Reserve Bank of Dallas. Track economic data with YCharts analy…

Germany DE: House Price Index: Real: sa data was reported at 114.480 2015=100 in 2024. This records a decrease from the previous number of 119.526 2015=100 for 2023. Germany DE: House Price Index: Real: sa data is updated yearly, averaging 106.401 2015=100 from Dec 1970 (Median) to 2024, with 55 observations. The data reached an all-time high of 141.582 2015=100 in 2021 and a record low of 89.397 2015=100 in 2008. Germany DE: House Price Index: Real: sa data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Germany – Table DE.OECD.AHPI: House Price Index: Seasonally Adjusted: OECD Member: Annual. Nominal house prices deflated using the private consumption deflator from the national account statistics. More information on the nominal house prices are available on the nominal house price indicators selection.

In 2024, Munich in Bavaria had the most expensive houses among the German cities listed, typically costing around *** million euros. By comparison, Bremen and Magdeburg had significantly lower prices, at ******* and ******* euros respectively.

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).

The house price to income ratio in Germany stood at ***** points in the second quarter of 2025. This is higher than the observation from the second quarter one year earlier, when the ratio had been ***** points.

Germany - House price index (2015 = 100) was 3.20 % year-on-year in June of 2025, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Germany - House price index (2015 = 100) - last updated from the EUROSTAT on December of 2025. Historically, Germany - House price index (2015 = 100) reached a record high of 12.80 % year-on-year in September of 2021 and a record low of -10.20 % year-on-year in September of 2023.

Germany - House price index, deflated was 0.70% in June of 2025, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Germany - House price index, deflated - last updated from the EUROSTAT on October of 2025. Historically, Germany - House price index, deflated reached a record high of 9.30% in June of 2021 and a record low of -15.70% in June of 2023.