Germany GREIX house price index by city
Germany GREIX house price index by city, tracking quarterly residential property values from IfW Kiel.
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| Indicator | Q2-2026 | Q1-2026 | Q4-2025 | Q3-2025 | Q2-2025 | Q1-2025 | Q4-2024 | Q3-2024 | Q2-2024 | Q1-2024 | Q4-2023 | Q3-2023 | Q2-2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price index (2000 = 100)3 | ||||||||||||||
| Apartments1 | ||||||||||||||
| Germany (GREIX aggregate) — apartments22 | +0.4% | +0.6% | +1.0% | +2.3% | +2.4% | +3.2% | +2.0% | +0.9% | −2.2% | −4.5% | −7.3% | −11.1% | −10.9% | |
| North Rhine-Westphalia — apartments | +2.4% | +3.0% | +2.7% | +3.0% | +3.8% | +4.3% | +5.5% | +4.4% | −0.3% | −0.4% | −6.0% | −10.4% | −8.4% | |
| Berlin — apartments | −2.0% | −0.2% | +0.5% | +0.9% | +2.9% | +0.2% | +0.5% | −0.5% | −4.6% | −6.1% | −8.7% | −7.4% | ||
| Munich — apartments | −1.2% | −0.8% | +3.1% | +3.3% | +4.1% | +3.7% | −0.7% | −3.8% | −6.3% | −9.3% | −13.5% | −15.7% | ||
| Cologne — apartments | +3.2% | +3.5% | +5.5% | +3.2% | +2.1% | +3.3% | +4.2% | +3.0% | +2.0% | +2.1% | −7.1% | −6.2% | −7.5% | |
| Frankfurt am Main — apartments | −0.7% | +0.2% | +1.7% | −0.1% | −1.1% | +3.4% | +2.6% | +4.1% | +2.3% | −0.9% | −7.0% | −12.3% | −13.9% | |
| Stuttgart — apartments | −2.2% | −2.5% | +0.9% | 0.0% | +1.4% | +3.9% | +1.9% | −2.3% | −7.7% | −10.6% | −11.6% | −14.0% | −13.5% | |
| Düsseldorf — apartments | +2.3% | +1.7% | +3.4% | +4.2% | +2.9% | +3.2% | +1.7% | +4.6% | −2.8% | +0.2% | −6.5% | −17.7% | −11.7% | |
| Dortmund — apartments | +4.6% | +8.9% | +7.2% | +12.0% | +3.5% | −1.8% | +8.6% | −2.6% | −3.6% | +0.8% | −3.2% | −6.4% | −0.8% | |
| Dresden — apartments | +8.6% | +6.0% | +6.4% | +5.0% | +1.3% | −2.2% | −7.7% | −7.2% | −11.0% | −10.4% | ||||
| Leipzig — apartments | +5.3% | +8.5% | +4.8% | +6.5% | +8.0% | +6.8% | +5.5% | +5.7% | −1.4% | −0.4% | −4.8% | −8.5% | −6.3% | |
| Münster — apartments | +0.8% | +1.6% | +1.0% | −3.3% | +6.4% | +9.8% | +8.8% | +14.5% | +0.8% | −8.7% | −10.2% | −12.4% | −14.6% | |
| Karlsruhe — apartments | −2.0% | −0.6% | +2.4% | +1.6% | +3.3% | +2.4% | +1.7% | +1.3% | −7.0% | −3.4% | −6.6% | −10.1% | −6.2% | |
| Bochum — apartments | +6.1% | +11.0% | +6.8% | +1.8% | +3.0% | +1.0% | +7.9% | +5.6% | +1.4% | −2.1% | −7.0% | −9.3% | −7.4% | |
| Duisburg — apartments | +4.5% | −1.4% | +3.1% | +13.9% | +23.6% | +14.0% | +15.6% | −0.3% | −7.0% | +1.4% | −11.0% | −0.5% | +0.6% | |
| Bonn — apartments | +1.0% | −0.5% | +0.1% | +1.1% | +8.9% | +6.5% | +3.5% | +3.9% | −4.6% | −8.9% | −4.5% | −10.3% | −6.7% | |
| Chemnitz — apartments | +9.8% | −2.9% | −3.4% | −0.7% | +5.1% | −9.5% | +2.6% | −3.4% | −0.4% | −2.2% | +2.2% | −0.1% | ||
| Erfurt — apartments | +5.4% | +3.3% | −0.6% | +8.0% | +1.0% | +1.6% | +9.1% | +0.8% | −6.4% | −3.1% | −9.2% | −11.8% | −7.3% | |
| Potsdam — apartments | +5.8% | +2.8% | −5.5% | +5.8% | +1.6% | −0.8% | +2.6% | +1.9% | +2.0% | −3.6% | +0.1% | −4.8% | −11.1% | |
| Lübeck — apartments | −0.5% | +11.0% | +2.6% | +1.6% | +11.9% | +11.3% | −2.4% | +2.5% | −4.1% | −10.2% | −3.8% | −7.9% | −4.5% | |
| Wiesbaden — apartments | +1.5% | +1.0% | +3.1% | +4.9% | +7.0% | +4.9% | −1.3% | −5.6% | −12.1% | −12.7% | −11.6% | |||
| Mettmann district — apartments | +2.3% | +5.0% | +9.0% | +4.5% | +4.0% | −0.1% | +1.8% | +2.9% | +1.0% | −5.1% | −8.5% | −15.5% | −13.2% | |
| Rhein-Erft district — apartments | +1.6% | +5.5% | −7.1% | −1.4% | +1.8% | +6.5% | +16.1% | +8.3% | +2.8% | +5.3% | +0.6% | −7.0% | −3.4% | |
| Single-family houses1 | ||||||||||||||
| Germany (GREIX aggregate) — single-family houses19 | +1.9% | +2.2% | +0.9% | +2.0% | +3.0% | +3.7% | +1.8% | −1.0% | −4.9% | −7.5% | −8.3% | −12.7% | −11.1% | |
| North Rhine-Westphalia — single-family houses | +2.8% | +2.7% | +1.2% | +0.2% | +1.4% | +3.6% | +2.3% | +0.4% | −2.7% | −7.0% | −9.6% | −13.4% | −11.5% | |
| Berlin — single-family houses | +4.9% | +1.7% | +4.0% | −0.7% | −1.1% | −2.5% | −6.9% | −6.4% | −11.7% | −7.8% | −12.8% | −10.7% | ||
| Cologne — single-family houses | +2.3% | +1.2% | +1.7% | +2.0% | +1.6% | +1.1% | −2.1% | −7.2% | −10.5% | −12.3% | −12.6% | −14.5% | −14.3% | |
| Frankfurt am Main — single-family houses | +0.6% | +2.3% | −4.2% | +6.4% | −1.4% | +7.5% | +8.4% | −4.4% | −5.0% | −2.2% | −12.2% | −13.0% | −8.4% | |
| Stuttgart — single-family houses | −6.1% | −4.9% | −1.3% | +3.1% | +7.8% | +9.0% | −5.2% | −4.0% | −10.5% | −15.0% | +5.1% | −6.5% | −8.0% | |
| Düsseldorf — single-family houses | +10.5% | +8.9% | −9.5% | −5.9% | −9.2% | −4.4% | +7.7% | +5.7% | +2.8% | −0.3% | −6.0% | −14.7% | −6.0% | |
| Dortmund — single-family houses | +7.8% | +1.2% | +4.8% | +7.6% | +4.7% | +8.1% | +5.5% | −1.7% | −2.0% | −5.0% | −7.0% | −7.1% | −8.9% | |
| Dresden — single-family houses | −4.5% | +3.1% | +11.5% | +3.3% | +6.1% | −9.1% | −14.0% | −13.2% | −11.3% | −6.1% | ||||
| Leipzig — single-family houses | −6.6% | +5.0% | +0.5% | −2.4% | +2.8% | +0.3% | +4.8% | +3.4% | −0.6% | −2.0% | −9.9% | −14.9% | −12.2% | |
| Münster — single-family houses | +4.4% | −1.0% | +7.1% | +2.7% | +1.5% | +9.2% | +3.9% | +1.0% | −5.1% | −7.7% | −7.2% | −18.1% | −8.4% | |
| Karlsruhe — single-family houses | +2.2% | +0.9% | +0.3% | −5.9% | +1.9% | +9.2% | +2.6% | −2.6% | −4.0% | −19.4% | −10.5% | −3.6% | −13.1% | |
| Bochum — single-family houses | +2.5% | −1.2% | +7.2% | +2.9% | +3.9% | +10.4% | −3.0% | 0.0% | −2.9% | −7.5% | −7.0% | −12.2% | −8.0% | |
| Duisburg — single-family houses | −0.5% | +3.2% | +1.7% | −7.0% | −4.8% | +6.7% | +5.4% | +9.4% | +19.3% | −4.0% | −11.1% | −11.2% | −16.9% | |
| Bonn — single-family houses | +4.9% | +7.0% | +10.0% | −2.2% | +14.4% | +11.7% | −1.1% | +4.3% | −7.7% | −14.2% | −16.0% | −14.5% | −8.3% | |
| Erfurt — single-family houses | +7.2% | −11.6% | +7.9% | +20.2% | +6.2% | +14.4% | +9.6% | −11.5% | −6.2% | −12.5% | −18.3% | −11.5% | −3.8% | |
| Lübeck — single-family houses | +4.2% | +18.2% | −0.4% | −5.7% | +3.2% | −12.3% | +5.5% | +2.9% | −7.1% | +3.6% | −10.5% | −17.3% | −16.4% | |
| Mettmann district — single-family houses | +0.6% | +5.6% | −1.6% | +5.3% | +5.8% | +1.2% | +7.9% | +0.4% | −3.3% | −5.0% | −12.1% | −11.4% | −13.2% | |
| Rhein-Erft district — single-family houses | −3.5% | +0.8% | −0.3% | −1.7% | +0.3% | +0.9% | +0.2% | +1.6% | −0.7% | −3.5% | −6.8% | −12.7% | −13.4% | |
| Ludwigslust-Parchim district — single-family houses | −1.7% | −1.1% | 0.0% | +4.3% | +3.6% | −5.7% | −5.0% | +4.7% | +0.7% | +2.9% | +0.8% | −20.0% | −11.4% | |
| Multi-family houses1 | ||||||||||||||
| Germany (GREIX aggregate) — multi-family houses9 | −3.5% | −1.1% | +4.9% | +0.3% | +2.5% | +6.6% | −2.5% | +1.4% | −5.3% | −14.1% | −13.4% | −23.0% | −22.1% | |
| North Rhine-Westphalia — multi-family houses | −0.8% | −1.1% | +3.0% | +0.5% | +3.0% | +4.5% | +6.3% | +1.8% | +0.5% | −9.4% | −15.0% | −21.4% | −20.6% | |
| Berlin — multi-family houses | −10.7% | +2.8% | −9.0% | −4.6% | +4.0% | −13.7% | +2.7% | −14.3% | −23.2% | −9.1% | −24.0% | −20.8% | ||
| Cologne — multi-family houses | −4.9% | +5.3% | −7.3% | −1.8% | +8.4% | −2.5% | +7.1% | +2.0% | +2.4% | −6.5% | −16.2% | −17.4% | −25.6% | |
| Frankfurt am Main — multi-family houses | −4.2% | +5.6% | +1.8% | +1.2% | +12.0% | −0.2% | +13.6% | +7.1% | −2.8% | −0.9% | −13.4% | −25.5% | −27.7% | |
| Stuttgart — multi-family houses | −9.1% | −2.2% | +11.2% | +2.3% | +7.0% | +3.1% | −13.9% | −0.8% | −8.9% | −17.9% | −4.7% | −16.8% | −18.3% | |
| Düsseldorf — multi-family houses | +6.8% | −17.5% | +3.1% | −2.6% | +4.7% | +14.3% | +7.3% | +2.5% | −8.7% | −17.5% | −13.1% | −22.2% | −15.3% | |
| Leipzig — multi-family houses | −7.9% | +3.9% | +11.8% | +2.6% | +11.5% | +0.1% | +0.7% | +7.3% | +6.7% | −6.7% | −15.6% | −30.6% | −31.9% | |
| Bochum — multi-family houses | +5.0% | +6.5% | +2.3% | +7.9% | +4.4% | +4.6% | +13.4% | +2.1% | +3.8% | +7.7% | −12.3% | −16.1% | −17.7% | |
| Duisburg — multi-family houses | +6.8% | +6.9% | +2.0% | +6.9% | +9.0% | +18.6% | +9.4% | +3.8% | +7.7% | −11.4% | −11.1% | −14.2% | −22.7% | |
| Price per square metre3 | ||||||||||||||
| Apartments1 | ||||||||||||||
| Germany (GREIX aggregate) — apartments21 | 0.0% | +2.3% | 0.0% | +2.3% | +2.3% | +2.4% | +2.4% | +2.4% | 0.0% | −4.5% | −6.7% | −12.5% | −12.2% | |
| North Rhine-Westphalia — apartments | +2.5% | +2.5% | +2.6% | +2.6% | +2.6% | +5.3% | +5.4% | +5.4% | 0.0% | 0.0% | −7.5% | −11.9% | −7.1% | |
| Munich — apartments | 0.0% | +1.1% | +3.5% | +3.5% | +3.5% | +2.4% | 0.0% | −3.4% | −5.6% | −8.6% | −13.1% | −14.4% | ||
| Cologne — apartments | +2.1% | +4.2% | +2.1% | +4.3% | +2.1% | +6.7% | +6.8% | +4.5% | +6.8% | +2.3% | −6.4% | −6.4% | −10.2% | |
| Frankfurt am Main — apartments | −1.7% | +5.3% | 0.0% | +3.5% | +1.7% | +3.6% | +11.3% | +5.6% | +9.4% | 0.0% | −7.0% | −11.5% | −20.9% | |
| Stuttgart — apartments | +2.3% | 0.0% | 0.0% | 0.0% | +2.4% | +2.3% | +4.8% | −2.2% | −6.7% | −4.4% | −10.6% | −11.8% | −16.7% | |
| Düsseldorf — apartments | +2.2% | +9.1% | +2.2% | +4.4% | +4.5% | +7.3% | +4.7% | +7.1% | −4.3% | −8.9% | −12.2% | −19.2% | −11.5% | |
| Dortmund — apartments | 0.0% | +4.3% | +8.0% | +13.6% | −4.0% | −4.2% | +19.0% | −4.3% | +8.7% | 0.0% | −8.7% | 0.0% | −8.0% | |
| Dresden — apartments | +6.7% | +17.2% | +20.7% | +24.1% | +7.1% | 0.0% | 0.0% | −6.5% | −9.7% | −12.1% | ||||
| Leipzig — apartments | +27.3% | +15.6% | +8.8% | +12.5% | +6.5% | +3.2% | −5.6% | −3.0% | −8.8% | 0.0% | +2.9% | −8.3% | −2.9% | |
| Münster — apartments | +6.7% | +6.8% | +4.4% | +4.3% | +9.8% | +7.3% | +7.1% | +15.0% | 0.0% | −8.9% | −2.3% | −9.1% | −10.9% | |
| Karlsruhe — apartments | −2.6% | +5.4% | +2.8% | 0.0% | +2.6% | +2.8% | 0.0% | +5.6% | 0.0% | −7.7% | −7.7% | −12.2% | −9.5% | |
| Bochum — apartments | +4.5% | −4.3% | +4.5% | 0.0% | −4.3% | +4.5% | +15.8% | +10.0% | +9.5% | +10.0% | −9.5% | −9.1% | −8.7% | |
| Duisburg — apartments | −15.4% | −4.5% | +10.5% | +26.3% | +44.4% | +29.4% | 0.0% | +11.8% | −5.3% | −10.5% | 0.0% | 0.0% | 0.0% | |
| Bonn — apartments | −4.9% | +15.4% | 0.0% | +2.6% | +10.8% | +5.4% | −9.5% | +8.6% | −2.6% | −5.1% | +5.0% | −14.6% | −7.3% | |
| Chemnitz — apartments | +5.9% | −27.8% | +12.5% | +13.3% | +28.6% | −6.7% | +6.7% | −6.3% | +7.7% | 0.0% | 0.0% | +6.7% | ||
| Erfurt — apartments | −10.7% | −25.0% | −29.7% | 0.0% | +7.7% | +14.3% | +19.4% | +7.4% | −16.1% | +7.7% | −6.1% | −20.6% | −27.9% | |
| Potsdam — apartments | +9.8% | +6.0% | +5.7% | +13.2% | +6.3% | +11.1% | +26.2% | +10.4% | +4.3% | −8.2% | −19.2% | −15.8% | −17.9% | |
| Lübeck — apartments | +7.7% | +4.8% | +2.6% | −9.1% | 0.0% | +44.8% | 0.0% | +15.8% | −2.5% | −39.6% | −13.6% | −22.4% | −21.6% | |
| Wiesbaden — apartments | −2.4% | +4.9% | −7.0% | +2.4% | +7.9% | +2.5% | +2.4% | −6.8% | −15.6% | −11.1% | −14.3% | |||
| Mettmann district — apartments | +7.1% | +3.4% | +10.7% | 0.0% | +3.7% | −3.3% | 0.0% | 0.0% | +3.8% | +7.1% | −6.7% | −6.9% | −16.1% | |
| Rhein-Erft district — apartments | 0.0% | +9.1% | −5.6% | −2.9% | +12.9% | +6.5% | +12.5% | +2.9% | −3.1% | 0.0% | −3.0% | −12.8% | −8.6% | |
| Single-family houses1 | ||||||||||||||
| Germany (GREIX aggregate) — single-family houses18 | 0.0% | +2.6% | 0.0% | 0.0% | +2.6% | +2.6% | +2.6% | 0.0% | −4.9% | −7.3% | −9.5% | −13.3% | −10.9% | |
| North Rhine-Westphalia — single-family houses | +2.6% | +2.6% | 0.0% | 0.0% | 0.0% | +2.7% | +2.6% | 0.0% | −2.5% | −5.1% | −9.5% | −13.3% | −11.1% | |
| Cologne — single-family houses | +2.3% | +9.8% | +6.7% | 0.0% | 0.0% | −4.7% | +2.3% | 0.0% | −6.4% | −12.2% | −17.0% | −19.6% | −9.6% | |
| Frankfurt am Main — single-family houses | −3.8% | 0.0% | −1.9% | −3.7% | −3.6% | +7.7% | +5.9% | +5.9% | +1.9% | −7.1% | −13.6% | −20.3% | −14.3% | |
| Stuttgart — single-family houses | −5.8% | −5.8% | −1.9% | +6.1% | +4.0% | +10.6% | −1.9% | −3.9% | −3.8% | −13.0% | +3.9% | −8.9% | −10.3% | |
| Düsseldorf — single-family houses | +1.8% | +8.0% | −8.6% | −2.0% | −5.2% | +2.0% | +9.4% | −9.1% | +5.5% | −9.3% | −11.7% | −11.3% | −5.2% | |
| Dortmund — single-family houses | +10.0% | +3.2% | +3.2% | +6.7% | 0.0% | +10.7% | +3.3% | −3.2% | 0.0% | −3.4% | −6.3% | −3.1% | −9.1% | |
| Dresden — single-family houses | +5.9% | +2.9% | +9.4% | −2.9% | 0.0% | −2.9% | −13.5% | −12.8% | −15.0% | −7.9% | ||||
| Leipzig — single-family houses | −11.4% | 0.0% | +6.5% | +3.1% | +6.1% | +3.1% | 0.0% | +3.2% | +3.1% | −3.0% | −11.4% | −16.2% | −13.5% | |
| Münster — single-family houses | +13.6% | +2.3% | +10.0% | +2.4% | +7.3% | +12.8% | −4.8% | +2.4% | −4.7% | −7.1% | −2.3% | −18.0% | −10.4% | |
| Karlsruhe — single-family houses | +8.7% | 0.0% | −6.7% | 0.0% | +9.5% | +7.1% | −2.2% | −14.3% | −2.3% | −6.7% | −4.2% | 0.0% | −21.8% | |
| Bochum — single-family houses | −3.1% | 0.0% | +6.9% | +3.3% | +14.3% | +10.7% | 0.0% | +7.1% | −6.7% | −6.7% | −6.5% | −17.6% | −9.1% | |
| Duisburg — single-family houses | −6.5% | −6.5% | 0.0% | +7.4% | +14.8% | +24.0% | +7.7% | 0.0% | +3.8% | 0.0% | −7.1% | −6.9% | −16.1% | |
| Bonn — single-family houses | +4.8% | +7.5% | +2.6% | −6.8% | +7.7% | +8.1% | +2.6% | +10.0% | −4.9% | −14.0% | −13.6% | −14.9% | −12.8% | |
| Erfurt — single-family houses | +6.7% | +3.7% | +6.9% | 0.0% | +20.0% | −3.6% | +3.6% | 0.0% | −10.7% | −12.5% | −6.7% | −12.1% | −17.6% | |
| Lübeck — single-family houses | 0.0% | +15.6% | −21.9% | 0.0% | +3.0% | −3.0% | −5.9% | 0.0% | −8.3% | −13.2% | +3.0% | −17.9% | −12.2% | |
| Mettmann district — single-family houses | −2.6% | +2.8% | −2.7% | +8.6% | +8.6% | +5.9% | +8.8% | 0.0% | −2.8% | −5.6% | −15.0% | −14.6% | −14.3% | |
| Rhein-Erft district — single-family houses | +3.0% | +3.1% | −3.1% | −8.8% | 0.0% | 0.0% | +3.2% | +6.3% | +3.1% | −3.0% | −6.1% | −15.8% | −15.8% |
Latest reading
The series on this page is quarterly and runs from Q1 1981 to Q2 2026. Source: Kiel Institute for the World Economy (IfW Kiel) – German Real Estate Index (GREIX).
About this data
Germany GREIX house price index by city, tracking quarterly residential property values from IfW Kiel. The table provides both a price index and the price per square metre for apartments, single-family houses and multi-family houses. Data is available for the national aggregate, the state of North Rhine-Westphalia, administrative districts, and individual cities such as Cologne, Stuttgart, Leipzig and Düsseldorf. The index uses a base year of 2000, with historical time series available since 1965.
Frequently asked questions
- What is the latest figure for Germany GREIX house price index by city?
- Germany (GREIX aggregate) — apartments stood at 289.34 in Q2 2026. That is +0.3% from Q1 2026 and +0.4% from a year earlier.
- Is Germany GREIX house price index by city at a high or a low right now?
- The year-on-year change of +0.4% is the lowest since Q2 2024.
- How far back does the Germany GREIX house price index by city data go?
- The series on this page is quarterly and runs from Q1 1981 to Q2 2026. Source: Kiel Institute for the World Economy (IfW Kiel) – German Real Estate Index (GREIX). Every series in the table can be charted over its full history and downloaded as CSV or Excel.
- What does the Germany GREIX house price index by city measure?
- The Germany GREIX house price index by city measures the value of residential real estate based on actual notarised transaction prices. It tracks property values across different housing segments and locations.
- Which types of property do the GREIX house prices cover?
- The GREIX house prices cover three main residential segments. These are apartments, single-family houses, and multi-family houses.
- What is the difference between the GREIX index and the price per square metre?
- The GREIX index tracks the relative change in property values over time using a base year of 2000. In contrast, the price per square metre provides the absolute transaction cost for properties in specific German cities.