Prices in Hamburg, Germany, increased for both newly built and existing apartments in 2023. In the fourth quarter of 2023, newly built apartments sold 3.9 percent higher than the same period in 2022. Conversely, prices for newly built houses declined by 3.8 percent. In Germany's top five markets, newly built houses experienced the highest price growth.
Percentage change on previous year of residential property prices in Hamburg, Germany in 4th quarter 2023, by housing type
Characteristic
Year-on-year percentage change
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ImmoScout24. (January 11, 2024). Percentage change on previous year of residential property prices in Hamburg, Germany in 4th quarter 2023, by housing type [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1270313/residential-real-estate-price-forecast-change-in-hamburg-by-property-type/
ImmoScout24. "Percentage change on previous year of residential property prices in Hamburg, Germany in 4th quarter 2023, by housing type." Chart. January 11, 2024. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1270313/residential-real-estate-price-forecast-change-in-hamburg-by-property-type/
ImmoScout24. (2024). Percentage change on previous year of residential property prices in Hamburg, Germany in 4th quarter 2023, by housing type. Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1270313/residential-real-estate-price-forecast-change-in-hamburg-by-property-type/
ImmoScout24. "Percentage Change on Previous Year of Residential Property Prices in Hamburg, Germany in 4th Quarter 2023, by Housing Type." Statista, Statista Inc., 11 Jan 2024, https://www.statista.com/statistics/1270313/residential-real-estate-price-forecast-change-in-hamburg-by-property-type/
ImmoScout24, Percentage change on previous year of residential property prices in Hamburg, Germany in 4th quarter 2023, by housing type Statista, https://www.statista.com/statistics/1270313/residential-real-estate-price-forecast-change-in-hamburg-by-property-type/ (last visited August 25, 2024)
Percentage change on previous year of residential property prices in Hamburg, Germany in 4th quarter 2023, by housing type [Graph], ImmoScout24, January 11, 2024. [Online]. Available: https://www.statista.com/statistics/1270313/residential-real-estate-price-forecast-change-in-hamburg-by-property-type/