Press Prices of residential property in the 2nd quarter of 2024: -2.6% year on year

First quarter-on-quarter price increase since 2nd quarter of 2022

Press release No. 361 of 20 September 2024

Prices of residential property, 2nd quarter of 2024 (provisional)
-2.6% on the same quarter of the previous year
+1.3% on the previous quarter

WIESBADEN – In the 2nd quarter of 2024, the prices of residential property (house price index) in Germany decreased by an average of 2.6% compared with the 2nd quarter of 2023. Compared with the previous quarter, prices were up by 1.3%. This was the first quarter-on-quarter increase observed since the 2nd quarter of 2022.

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More information:

Time series of the house price index (dwellings and houses as a whole) at national level from 2000 onwards are available in Tables 61262-0001 to 61262-0002 in the GENESIS-Online database.

Important information regarding the GENESIS-Online database:

Our database's new user interface will leave the beta phase and go online in the second half of October 2024. The new interface will offer faster data retrieval and intuitive table search and customisation options. There will also be changes to the structure of the machine-readable flat file (CSV) format and the data output format for table downloads. For further details and other important information on the release, please see the info page of the new GENESIS-Online database.

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