Housing Index in Germany increased to 218.58 points in May from 217.43 points in April 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.

Graph and download economic data for Real Residential Property Prices for Germany (QDER628BIS) from Q1 1970 to Q4 2024 about Germany, residential, HPI, housing, real, price index, indexes, and price.

House Price Index YoY in Germany increased to 2.80 percent in May from 2.70 percent in April of 2025. This dataset includes a chart with historical data for Germany House Price Index YoY.

The house price index in Germany increased steadily from 2016 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 166 index points, meaning that house prices had risen by 66 percent during that period. Among the leading residential real estate markets in Germany, Munich had the highest square meter price for apartments.

In 2023, the German house price index was almost 149.2 percent, based on preliminary figures. This was an increase of around 49 percent compared to the index year of 2015.

Key information about Germany Gold Production

• Germany Real Residential Property Price Index was reported at 126.618 2010=100 in Sep 2024.
• This records a decrease from the previous number of 126.634 2010=100 for Jun 2024.
• Germany Real Residential Property Price Index data is updated quarterly, averaging 124.439 2010=100 from Mar 1970 to Sep 2024, with 219 observations.
• The data reached an all-time high of 160.595 2010=100 in Dec 2021 and a record low of 99.134 2010=100 in Mar 2010.
• Germany Real Residential Property Price Index data remains active status in CEIC and is reported by Bank for International Settlements.
• The data is categorized under World Trend Plus’s Association: Property Sector – Table RK.BIS.RPPI: Selected Real Residential Property Price Index: 2010=100: Quarterly. [COVID-19-IMPACT]

Key information about Germany Nominal Residential Property Price Index

• Germany Nominal Residential Property Price Index was reported at 172.000 2010=100 in Sep 2024.
• This records an increase from the previous number of 171.400 2010=100 for Jun 2024.
• Germany Nominal Residential Property Price Index data is updated quarterly, averaging 98.523 2010=100 from Mar 1970 to Sep 2024, with 219 observations.
• The data reached an all-time high of 194.600 2010=100 in Jun 2022 and a record low of 37.619 2010=100 in Mar 1970.
• Germany Nominal Residential Property Price Index data remains active status in CEIC and is reported by Bank for International Settlements.
• The data is categorized under World Trend Plus’s Association: Property Sector – Table RK.BIS.RPPI: Selected Nominal Residential Property Price Index: 2010=100: Quarterly.

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.

Residential Property Prices in Germany increased 1.94 percent in December of 2024 over the same month in the previous year. This dataset includes a chart with historical data for Germany Residential Property Prices.

Germany - House price index was 3.80% in March 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 July 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.

Key information about Germany Nominal Residential Property Price Index Growth

• Germany Nominal Residential Property Price Index Growth was reported at -0.750 % in Sep 2024.
• This records an increase from the previous number of -2.447 % for Jun 2024.
• Germany Nominal Residential Property Price Index Growth data is updated quarterly, averaging 2.602 % from Mar 1971 to Sep 2024, with 215 observations.
• The data reached an all-time high of 12.774 % in Sep 2021 and a record low of -10.254 % in Sep 2023.
• Germany Nominal Residential Property Price Index Growth data remains active status in CEIC and is reported by Bank for International Settlements.
• The data is categorized under World Trend Plus’s Association: Property Sector – Table RK.BIS.RPPI: Selected Nominal Residential Property Price Index: 2010=100: Quarterly: YoY %.

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.

House price index in Germany, December, 2024 The most recent value is 173.2 index points as of Q4 2024, an increase compared to the previous value of 172.6 index points. Historically, the average for Germany from Q1 1990 to Q4 2024 is 115.96 index points. The minimum of 84.68 index points was recorded in Q1 1990, while the maximum of 194.6 index points was reached in Q2 2022. | TheGlobalEconomy.com

Key information about Germany Real Residential Property Price Index Growth

• Germany Real Residential Property Price Index Growth was reported at -2.629 % in Sep 2024.
• This records an increase from the previous number of -4.628 % for Jun 2024.
• Germany Real Residential Property Price Index Growth data is updated quarterly, averaging 0.008 % from Mar 1971 to Sep 2024, with 215 observations.
• The data reached an all-time high of 9.077 % in Jun 2021 and a record low of -15.260 % in Jun 2023.
• Germany Real Residential Property Price Index Growth data remains active status in CEIC and is reported by Bank for International Settlements.
• The data is categorized under World Trend Plus’s Association: Property Sector – Table RK.BIS.RPPI: Selected Real Residential Property Price Index: 2010=100: Quarterly: YoY %.

Germany Property Market Index: 127 Cities data was reported at 176.360 1990=100 in 2019. This records an increase from the previous number of 168.400 1990=100 for 2018. Germany Property Market Index: 127 Cities data is updated yearly, averaging 113.925 1990=100 from Dec 1990 (Median) to 2019, with 30 observations. The data reached an all-time high of 176.360 1990=100 in 2019 and a record low of 100.000 1990=100 in 1990. Germany Property Market Index: 127 Cities data remains active status in CEIC and is reported by Bulwiengesa AG. The data is categorized under Global Database’s Germany – Table DE.EB004: Property Market Index.

The EMF house price index in Germany increased steadily from 2017 to 2022, followed by a decline 2023 onwards. In the second quarter of 2024, the house price index reached a value of ***** index points, indicating that home prices had risen by almost ** percent since 2015 - the base year. In contrast to many other European countries, Germany has experienced strong price growth.

Germany - House price index, deflated was -3.30% in September of 2024, 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 June of 2025. Historically, Germany - House price index, deflated reached a record high of 9.60% in June of 2021 and a record low of -15.90% in June of 2023.

The German residential real estate market, valued at €372.77 million in 2025, is experiencing robust growth, projected to expand at a CAGR exceeding 3.06% from 2025 to 2033. This growth is fueled by several key factors. Strong urban population growth in major cities like Berlin, Hamburg, Munich, and Cologne, coupled with increasing household formations and a persistent shortage of housing, particularly in the rental sector, are driving demand. Government initiatives aimed at increasing affordable housing options, while well-intentioned, are struggling to keep pace with the rapid growth. Furthermore, low-interest rates in recent years have stimulated investment in the sector, further contributing to market expansion. However, challenges remain. Strict building regulations and lengthy approval processes can hinder new construction, creating supply constraints. Additionally, rising construction costs and material prices pose a significant challenge, potentially impacting profitability and affordability. The market is segmented by property type (villas and landed houses, condominiums and apartments) and geographically across key cities, reflecting varied market dynamics across different regions. Major players like Vonovia SE, Deutsche Wohnen SE, and LEG Immobilien SE dominate the market, but smaller, regional companies also play a crucial role. The forecast period (2025-2033) anticipates continued, albeit potentially moderated, growth. While the CAGR of 3.06% provides a baseline, it's likely that specific growth rates will fluctuate yearly depending on macroeconomic conditions, interest rate changes, and government policy adjustments. The market segment for condominiums and apartments is expected to maintain a larger share due to higher population density in urban centers and higher demand for rental properties. The ongoing demand, despite challenges, positions the German residential real estate market as a promising sector for long-term investment, albeit with inherent risks associated with regulatory changes and economic fluctuations. The ongoing interplay between supply, demand, and regulatory frameworks will significantly shape the market's trajectory in the coming years. This comprehensive report provides an in-depth analysis of the Germany residential real estate market, covering the period from 2019 to 2033. With a base year of 2025 and a forecast period extending to 2033, this study offers invaluable insights for investors, developers, and industry stakeholders navigating the complexities of the German housing sector. The report utilizes data from the historical period (2019-2024) to create a robust and reliable forecast. Keywords: German real estate market, German housing market, German property market, residential real estate Germany, Berlin real estate, Munich real estate, Hamburg real estate, Cologne real estate, German property prices, German real estate investment. 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.

Graph and download economic data for Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Actual Rentals for Housing for Germany (DEUCPHP0401GYM) from Jan 1997 to Mar 2025 about water, fuels, electricity, rent, Germany, and gas.

Germany House Price Index: Newly Created Residential Real Estate data was reported at 127.900 2010=100 in Dec 2016. This records an increase from the previous number of 125.400 2010=100 for Sep 2016. Germany House Price Index: Newly Created Residential Real Estate data is updated quarterly, averaging 92.750 2010=100 from Mar 2000 (Median) to Dec 2016, with 68 observations. The data reached an all-time high of 127.900 2010=100 in Dec 2016 and a record low of 86.000 2010=100 in Mar 2007. Germany House Price Index: Newly Created Residential Real Estate 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: 388473207