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House Prices in Germany: house price index, apartments (2015=100)

Germany

Source: Europace

House prices in Germany, % change 1 yr

Nominal and inflation-adjusted ('real')

Germany

Source: Europace


Quarterly change in house prices, inflation-adjusted

 Q1Q2Q3Q4
2023-3.01%-0.57%-2.57%
20220.84%-0.95%-4.96%-6.7%
20211.68%3.02%2.04%1.13%
20203.76%1.04%4.59%1.89%
20193%1.43%3.34%2.95%
20180.68%2.39%2.16%1.39%
20170.93%4.86%-1.16%-0.16%
20161.95%3.73%0.17%0.89%
20153.26%0.28%1.33%2.56%
2014-0.84%2.06%1.22%-0.59%
2013-0.87%4.63%4.44%-4.27%
20122.68%-2.28%-1.38%1.2%
2011-1.26%0.14%2.24%2.27%
20101.06%-0.53%1.76%-0.63%
2009-2.56%-1.34%2.71%-1.29%
20080.21%-1.81%3.81%-1.21%
2007-1.11%0.83%-1.62%-3.41%
20061.18%1.95%4.74%-7.86%
2005-1.87%

This table shows the change in house prices during a single quarter, adjusted for inflation.

Adjusting house price rises (or declines) for inflation produces a more accurate picture of the change in value of housing than the usual nominal figures cited in the newspapers.