Germany house price index, existing housing, 2015=100
Germany house price index, existing housing, 2015=100 stood at 154 in Q4 2025, according to Deutsche Bundesbank. It is one of the indicators in the Property market (quarterly) table (Value · Quarterly), with a complete series running from Q1 2000 to Q4 2025. The complete series with an interactive chart, free to download.
This indicator in the Property market (quarterly) table
| Indicator | Q4-2025 | Q3-2025 | Q2-2025 | Q1-2025 | Q4-2024 | Q3-2024 | Q2-2024 | Q1-2024 | Q4-2023 | Q3-2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total (Index 2015=100) | 153.7 | 153.6 | 152.4 | 150.9 | 149.2 | 149 | 147.8 | 145.8 | 146.4 | 149.3 | |
| Existing housing (Index 2015=100) | 154 | 154.3 | 153 | 151 | 149.5 | 149 | 148.2 | 146.2 | 146.9 | 150 | |
| New housing (Index 2015=100) | 151.1 | 149.6 | 148.8 | 149.8 | 147 | 147.5 | 145.3 | 143.1 | 143.7 | 145.4 |
Understanding germany house price index, existing housing, 2015=100
Isolating the secondary market for residential real estate, this subset of the Statistisches Bundesamt (Destatis) index tracks the transaction values of pre-owned homes and apartments. Unlike its parent series that blends all dwelling sales, this metric strips out the influence of newly built properties, focusing entirely on structures that have been previously occupied. Expressed against a base period of 2015=100, the index captures the changing valuations of the established housing stock. This distinction isolates pure market demand for standing inventory from the direct supply-side cost pressures that heavily influence the pricing of newly constructed developments, such as raw material inflation or construction labor shortages.
When analyzing these figures, period-on-period comparisons can be distorted by seasonal buying patterns, making the annual perspective the standard approach for assessing the secondary market. A major challenge in reading this specific index involves the heterogeneity of the underlying properties, as pre-owned homes vary widely in their energy efficiency, renovation status, and architectural vintage. Quality adjustment techniques are applied to ensure that a rising index reflects actual valuation changes rather than merely the sale of recently modernized or higher-tier homes. Revisions frequently occur in the quarters following the initial release as finalized purchase contracts slowly make their way through the municipal recording systems.
Frequently asked questions
- Are properties that underwent major renovations considered existing or new housing?
- Completely gutted and rebuilt structures might be reclassified, but standard renovations keep the property within this existing housing category.
- Does this index account for the depreciation of older buildings?
- Statistical methods attempt to adjust for varying property conditions to track pure valuation shifts, rather than drops caused by physical deterioration.
- Why might this metric diverge from the total house price index?
- Valuations for pre-owned stock often move independently of new builds, as existing homes are insulated from immediate spikes in construction material costs but highly sensitive to local neighborhood desirability.