Press release No. 154 of 29 March 2021
Prices of residential property, 4th quarter of 2020 (provisional)
+8.1% on the same quarter of the previous year
+2.6% on the previous quarter
WIESBADEN – The prices of residential property (house price index) in Germany were an average 8.1% higher in the fourth quarter of 2020 than in the same quarter of the previous year. The Federal Statistical Office (Destatis) also reports that the prices of dwellings and single-family and two-family houses were up an average 2.6% compared with the third quarter of 2020. This means that the trend of rising residential property prices continued despite the continuing corona pandemic, as it did in the previous quarters.
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.
