Germany house price index, existing housing
Germany house price index, existing housing stood at 100.5 in Q2 2026, 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 Q2 2026. The complete series with an interactive chart, free to download.
This indicator in the Property market (quarterly) table
| Indicator | Q2-2026 | Q1-2026 | Q4-2025 | Q3-2025 | Q2-2025 | Q1-2025 | Q4-2024 | Q3-2024 | Q2-2024 | Q1-2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total | 100.6 | 100.3 | 100.2 | 100.7 | 100 | 99.1 | 97.7 | 97.6 | 96.8 | 95.5 | |
| Existing housing | 100.5 | 100.1 | 100.1 | 100.9 | 100 | 99 | 97.7 | 97.4 | 96.9 | 95.5 | |
| New housing | 101.2 | 101.3 | 100.7 | 99.8 | 99.7 | 99.8 | 98 | 98.3 | 96.8 | 95.4 |
Understanding germany house price index, existing housing
Valuations for the pre-owned segment of the residential market are tracked here, specifically excluding any freshly constructed dwellings. This Destatis sub-index isolates transactions involving properties that have previously been occupied, reflecting the core secondary market where the vast majority of real estate turnover occurs. By filtering out the premium typically associated with new builds and the volatility of construction costs, this row offers a purer view of how established neighborhood property values are responding to current demographic and financing pressures.
Tracking the secondary market introduces specific quality-adjustment challenges, as older properties frequently undergo renovations or suffer depreciation between sales. The methodology attempts to account for these changes to ensure the index measures pure price inflation rather than just a higher quality of housing stock being sold. Because transactions in established areas often peak during warmer months, analysts favor annual comparisons to bypass seasonal closing habits. When contrasting this metric with the new housing equivalent, observers can gauge whether buyers are discounting older stock requiring energy-efficiency retrofits or bidding up existing homes due to a lack of virgin development.
Frequently asked questions
- Are deeply renovated older properties reclassified as new housing?
- Generally, unless a property is entirely rebuilt from the foundation, transactions involving renovated older homes remain categorized within this existing housing index.
- Does the condition of the home affect how it is recorded?
- The statisticians employ quality-adjustment models to ensure that price differences due to a home's physical condition or energy rating do not distort the underlying inflation measure.
- Why look at existing homes separately from the total index?
- The secondary market is much larger and less directly distorted by sudden spikes in building material costs, providing a clearer picture of general consumer purchasing power.