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Press Release

Press release No. 379 of 22 September 2023 Prices of residential property in the 2nd quarter of 2023: -9.9% on the same quarter of the previous year

In the 2nd quarter of 2023, the prices of residential property (house price index) in Germany decreased by an average of 9.9% compared with the 2nd quarter of 2022. This was the largest decline in residential property prices from the same quarter of …

Press Release

Press release No. 498 of 22 September 2023 Prices of residential property in the 3rd quarter of 2023: -10.2% on the same quarter of the previous year

In the 3rd quarter of 2023, the prices of residential property (house price index) in Germany decreased by an average of 10.2% compared with the 3rd quarter of 2022. This was the largest decline in residential property prices from the same quarter of …

Press Release

Press release No. 245 of 23 June 2023 Prices of residential property in the 1st quarter of 2023: -6.8% year on year

In the 1st quarter of 2023, the prices of residential property (house price index) in Germany decreased by an average of 6.8% year on year. This was the largest decline in residential property prices from the same quarter of the previous year since …

Press Release

Press release No. 139 of 6 April 2023 Construction prices of residential buildings, February 2023: +15.1% on February 2022

The prices of new residential buildings (conventional construction) in Germany rose by 15.1% in February 2023 compared with February 2022, as reported by the Federal Statistical Office (Destatis). In November 2022, the previous reference month of the …

Press Release

Press release No. 116 of 24 March 2023 Prices of residential property in the 4th quarter of 2022: -3.6% on the same quarter of the previous year

The prices of residential property (house price index) in Germany declined by an average 3.6% in the 4th quarter of 2022 compared with the same quarter a year earlier. This is the first decline in residential property prices from the same quarter of …

Press Release

Press release No. N 006 of 1 February 2023 Another strong increase in building material prices in 2022

Delivery bottlenecks, material shortages and higher energy prices – the Covid-19 pandemic and the war in Ukraine have had a significant impact also on construction. The Federal Statistical Office (Destatis) reports that, on an annual average, the …

Press Release

Press release No. 011 of 10 January 2023 Construction prices of residential buildings, November 2022: +16.9% on November 2021

The prices of new residential buildings (conventional construction) in Germany rose by 16.9% in November 2022 compared with November 2021, as reported by the Federal Statistical Office (Destatis). In August 2022, the previous reference month of the …