Press release No. 534 of 28 December 2020
Prices of residential property, 3rd quarter of 2020 (provisional)
+7.8% on the same quarter of the previous year
+2.9% on the previous quarter
WIESBADEN – The prices of residential property (house price index) in Germany were an average 7.8% higher in the third 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 2.9% compared with the previous quarter. Thus the prices of residential property continued to rise markedly in both cities and rural areas during the continuing corona pandemic.
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.
