The prices for residential property in Germany have risen again. In the third quarter they were an average of 3.3 percent above the level of the same period last year. According to preliminary calculations by the Federal Statistical Office, house and apartment prices rose for the fourth quarter in a row.
This was also in the narrower period from July to September 2025 Home ownership in Germany on average 1.0 percent more expensive than in spring.
Prices for condominiums rose by up to five percent
After falling since the fourth quarter of 2022, prices have been rising since the fourth quarter of 2024. In the final quarter of 2024, the Price increase compared to the same period last year initially at 1.9 percent and in the first quarter of this year even at 3.5 percent. According to the latest calculations, there was an increase of 3.1 percent in the second quarter.
According to the Federal Office, the price increase occurred in all regions of Germany in the second and third quarters of the current year.
So had to buyers In the seven largest cities in Germany, i.e. Berlin, Hamburg, Munich, Cologne, Frankfurt, Stuttgart and Düsseldorf, people will pay an average of 2.8 percent more for a condominium this year than in 2024. The prices for condominiums in urban districts rose by 4.7 percent in the third quarter compared to the previous year. In independent large cities it was 5.0 percent more.
Prices for residential property also rose in rural regions of Germany
Single- and two-family houses became more expensive compared to the same quarter last year, especially in urban districts (plus 3.6 percent) and in large urban districts (plus 3.5 percent). In the seven largest cities, prices rose by a further 2.7 percent from an already high level.
Even in rural areas prices rose. In sparsely populated districts, condominiums cost an average of 2.6 percent more in the third quarter than a year earlier, while single- and two-family homes rose in price by 3.2 percent. Price pressure there only eased slightly compared to the previous quarter.
In view of the tense situation, the federal government is relying on a “construction turbo”. goal are faster approval processes to stimulate housing construction. However, only 251,900 apartments were completed in Germany last year – fewer than at any time since 2015. The target of 400,000 new apartments per year set by the SPD-led previous government has so far been clearly missed.
