Germany commercial property price index, 2013=100, annual
Germany commercial property price index, 2013=100, annual stood at 168.3 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 2013 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Commercial property price index, total3 | 168.3 | 164.5 | 166.7 | 181.2 | 181.9 | 172.8 | 158 | 141.1 | 131.9 | 119 | |
| Commercial property price index, office | 169.1 | 165.8 | 171.7 | 189.8 | 192.4 | 192.6 | 173.2 | 151.4 | 141.9 | 120.3 | |
| Commercial property price index, retail | 97 | 95.5 | 98.7 | 109.8 | 115.6 | 118.2 | 119.4 | 117.6 | 115.3 | 111.9 |
Understanding germany commercial property price index, 2013=100, annual
Total non-residential real estate valuations are captured by this primary Bundesbank commercial property price index. Anchored to a base year of 2013=100, the composite metric evaluates the aggregate capital appreciation of properties built for business operations across the country. It acts as the primary umbrella series, synthesizing the price trajectories of office buildings, retail storefronts, and other commercial structures into a singular national benchmark. This wide-angle lens deliberately contrasts with the granular, sector-specific indices by providing a macroeconomic overview of the entire commercial built environment.
Because the index is published on an annual basis, analysts are inherently restricted to measuring long-term structural shifts rather than reacting to rapid market sentiment changes. Attempting to deduce high-frequency volatility from this yearly dataset is impossible, making year-on-year comparisons the sole viable analytical method. The fixed base year ensures historical continuity, though users must be cautious when comparing these commercial valuations against residential indices, which respond to vastly different demographic pressures. Methodological updates or the delayed recording of major commercial transactions frequently prompt revisions to preliminary figures.
Frequently asked questions
- Does this composite index include residential housing prices?
- The series strictly monitors non-residential commercial properties, leaving private housing valuations to entirely separate indices.
- How does the base year mechanism function?
- All subsequent valuations are measured proportionally against the standardised benchmark set during the 2013 base year.
- Can intra-year market crashes be spotted here?
- The annual aggregation smooths out short-term volatility, meaning sudden market pivots only appear in the yearly structural review.