Select a country
House price index Germany: apartments (Aug 2005=100)
May, 29, 2023
Germany
House prices in Germany. Sources of German house price data include Europace (whose monthly data we use); the European Central Bank and BulwienGeza (which publishes yearly prices of owner-occupied apartments based on a survey covering 125 German cities) and Hypoport.
House prices in Germany, % change 1 yr
Nominal and inflation-adjusted ('real')
Germany
Source: Europace
Quarterly change in house prices, inflation-adjusted
| Q1 | Q2 | Q3 | Q4 | |
| 2023 | -3.01 | |||
| 2022 | 0.84 | -0.95 | -4.96 | -6.7 |
| 2021 | 1.68 | 3.02 | 2.04 | 1.13 |
| 2020 | 3.76 | 1.04 | 4.59 | 1.89 |
| 2019 | 3 | 1.43 | 3.34 | 2.95 |
| 2018 | 0.68 | 2.39 | 2.16 | 1.39 |
| 2017 | 0.93 | 4.86 | -1.16 | -0.16 |
| 2016 | 1.95 | 3.73 | 0.17 | 0.89 |
| 2015 | 3.26 | 0.28 | 1.33 | 2.56 |
| 2014 | -0.84 | 2.06 | 1.22 | -0.59 |
| 2013 | -0.87 | 4.63 | 4.44 | -4.27 |
| 2012 | 2.68 | -2.28 | -1.38 | 1.2 |
| 2011 | -1.26 | 0.14 | 2.24 | 2.27 |
| 2010 | 1.06 | -0.53 | 1.76 | -0.63 |
| 2009 | -2.56 | -1.34 | 2.71 | -1.29 |
| 2008 | 0.21 | -1.81 | 3.81 | -1.21 |
| 2007 | -1.11 | 0.83 | -1.62 | -3.41 |
| 2006 | 1.18 | 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.