Press Prices of residential property in the 2nd quarter of 2020: +6.6% on the same quarter of the previous year

Prices of residential property continued to increase despite the corona crisis

Press release No. 369 of 24 September 2020

Prices of residential property, 2nd quarter of 2020 (provisional)
+6.6% on the same quarter of the previous year
+2.0% on the previous quarter

WIESBADEN – The prices of residential property (house price index) in Germany in the second quarter of 2020 were an average of 6.6% higher than in the same quarter of 2019. The Federal Statistical Office (Destatis) also reports that the prices of dwellings and single-family and two-family houses were up 2.0% compared with the previous quarter. Thus the prices of residential property continued to rise in both cities and rural areas despite the corona crisis.

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Basic data and long time series are available in tables of residential property prices indices (61262-0001 to 61262-0004) in the GENESIS-Online database.

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