The house price index in Germany increased steadily from 2016 to 2022, followed by a decline until the second quarter of 2023. 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.
House price index in Germany from 1st quarter 2016 to 2nd quarter 2023
* Provisional data. 2015=100 The House Price Index (HPI) measures price changes of all residential properties purchased by households (flats, detached houses, terraced houses, etc.), both new and existing, independently of their final use and their previous owners. Only market prices are considered, self-build dwellings are therefore excluded. The land component is included.
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Eurostat. (October 3, 2023). House price index in Germany from 1st quarter 2016 to 2nd quarter 2023 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/329715/house-price-index-in-germany/
Eurostat. "House price index in Germany from 1st quarter 2016 to 2nd quarter 2023." Chart. October 3, 2023. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/329715/house-price-index-in-germany/
Eurostat. (2023). House price index in Germany from 1st quarter 2016 to 2nd quarter 2023. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/329715/house-price-index-in-germany/
Eurostat. "House Price Index in Germany from 1st Quarter 2016 to 2nd Quarter 2023." Statista, Statista Inc., 3 Oct 2023, https://www.statista.com/statistics/329715/house-price-index-in-germany/
Eurostat, House price index in Germany from 1st quarter 2016 to 2nd quarter 2023 Statista, https://www.statista.com/statistics/329715/house-price-index-in-germany/ (last visited November 21, 2024)
House price index in Germany from 1st quarter 2016 to 2nd quarter 2023 [Graph], Eurostat, October 3, 2023. [Online]. Available: https://www.statista.com/statistics/329715/house-price-index-in-germany/
