Existing terraced house prices, 127 German cities (stock)
Existing terraced house prices, 127 German cities (stock) stood at 95.3 in 2025, according to Deutsche Bundesbank. It is one of the indicators in the Property market (annual) table (Value · Annual), with a complete series running from 2004 to 2025. The complete series with an interactive chart, free to download.
This indicator in the Property market (annual) table
| Indicator | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Houses (all); housing-stock-based property and regional weighting, 127 cities | 95.6 | 94.9 | 95.8 | 100 | 94 | 87.1 | 81.6 | 76.8 | 71.4 | 67.3 | |
| Terraced housing (all); housing-stock-based property and regional weighting, 127 cities | 96.5 | 95.5 | 96 | 100 | 94.1 | 87.3 | 81.6 | 76.7 | 70.9 | 66.6 | |
| Re-occupied terraced housing; housing-stock-based property and regional weighting, 127 cities | 95.3 | 94.6 | 95.4 | 100 | 94.1 | 87.3 | 81.6 | 76.7 | 71 | 66.8 |
Understanding existing terraced house prices, 127 German cities (stock)
Secondary market transactions for row-style housing form the foundation of this particular urban property index. The parameter zeroes in on previously occupied terraced homes, deliberately excluding developer sales of brand-new units, detached properties, and apartments. Weighting is determined by the total standing stock of terraced housing in the selected municipalities. This approach ensures the final calculation reflects the established architectural footprint of these areas, anchoring the price movements to the permanent housing supply rather than allowing highly liquid pockets of the market to artificially sway the overall regional average.
Reviewing the annual publication provides a macro-level view of resale valuations, entirely bypassing the seasonal distortions that affect higher-frequency real estate trackers. Comparing the index on a year-on-year basis is standard practice for identifying broader valuation cycles. Since the underlying data hinges on completed property transfers, early estimates are occasionally subject to slight backward revisions as late-registered contracts are absorbed by the central statisticians. It is vital to note that older properties vary significantly in renovation status, meaning the aggregate index absorbs a wide spectrum of physical conditions compared to the uniform quality of newly constructed homes.
Frequently asked questions
- Are renovation costs factored into this price index?
- The metric tracks final transaction prices, which naturally internalize any premium buyers pay for recently renovated older homes versus unmodernised ones.
- Why use stock-based weighting for resale homes?
- Stock weighting prevents the index from being dominated by specific neighbourhoods where terraced homes might change hands much more frequently than the regional average.
- Can this data be used to track monthly price swings?
- No, the annual frequency aggregates all yearly transactions, making it suitable for long-term structural analysis rather than short-term market timing.