Prices for newly built houses and apartments in Germany continued to rise in 2023. In the fourth quarter of 2023, the price for newly built house increased by 2.9 percent from the same period in 2022. Conversely, existing houses and apartments experienced a slight decline in prices. Prices for existing apartments declined in all major cities (Berlin, Frankfurt, Cologne, and Munich), except in Hamburg.
Percentage change on previous year of residential property prices in Germany in 4th quarter 2023, by housing type
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ImmoScout24. (January 11, 2024). Percentage change on previous year of residential property prices in Germany in 4th quarter 2023, by housing type [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1270266/residential-real-estate-price-forecast-change-in-germany-by-property-type/
ImmoScout24. "Percentage change on previous year of residential property prices in Germany in 4th quarter 2023, by housing type." Chart. January 11, 2024. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1270266/residential-real-estate-price-forecast-change-in-germany-by-property-type/
ImmoScout24. (2024). Percentage change on previous year of residential property prices in Germany in 4th quarter 2023, by housing type. Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1270266/residential-real-estate-price-forecast-change-in-germany-by-property-type/
ImmoScout24. "Percentage Change on Previous Year of Residential Property Prices in Germany in 4th Quarter 2023, by Housing Type." Statista, Statista Inc., 11 Jan 2024, https://www.statista.com/statistics/1270266/residential-real-estate-price-forecast-change-in-germany-by-property-type/
ImmoScout24, Percentage change on previous year of residential property prices in Germany in 4th quarter 2023, by housing type Statista, https://www.statista.com/statistics/1270266/residential-real-estate-price-forecast-change-in-germany-by-property-type/ (last visited December 21, 2024)
Percentage change on previous year of residential property prices in Germany in 4th quarter 2023, by housing type [Graph], ImmoScout24, January 11, 2024. [Online]. Available: https://www.statista.com/statistics/1270266/residential-real-estate-price-forecast-change-in-germany-by-property-type/
