Germany house price index, new housing, 2015=100
Germany house price index, new housing, 2015=100 stood at 151.1 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 | |
| New housing (Index 2015=100) | 151.1 | 149.6 | 148.8 | 149.8 | 147 | 147.5 | 145.3 | 143.1 | 143.7 | 145.4 | |
| Existing housing (Index 2015=100) | 154 | 154.3 | 153 | 151 | 149.5 | 149 | 148.2 | 146.2 | 146.9 | 150 |
Understanding germany house price index, new housing, 2015=100
Historical price shifts for newly constructed dwellings are benchmarked in this series against a 2015 reference level. The data strictly monitors the final transaction costs of virgin residential properties, omitting any sales of previously occupied homes. By establishing a baseline of 100 for the designated year, this iteration of the Destatis new housing index enables instant calculation of the cumulative premium buyers are paying for fresh development over a prolonged timeline, contrasting with short-term metrics or raw, unanchored series.
Examining the cost of new builds through this long-range lens highlights how structural factors—such as permanent increases in land acquisition costs or the introduction of strict environmental building mandates—have permanently elevated the pricing floor. Users should be aware that because new construction transactions occur less frequently and in more localized clusters than existing home sales, the quarterly movements can occasionally display statistical noise. Consequently, longer-term comparisons against the base year offer a more robust understanding of market realities than isolated sequential shifts. Revisions are common in subsequent quarters as final developer closing records are slowly integrated into the national registry databases.
Frequently asked questions
- Does this metric reflect the rising cost of construction materials since the base year?
- Yes, elevated material and labor costs ultimately pass through to the final transaction price of new homes, which is captured by the upward movement of this index.
- Why use a base year for new homes when the types of homes built change over time?
- Statistical methods adjust for differences in size and amenities to ensure the index tracks pure price changes, even as the definition of a standard new build evolves.
- Can this base-year index be directly compared to the existing housing equivalent?
- Yes, because both share the exact same 2015 reference period, their diverging index levels accurately depict the widening or narrowing price gap between new and older properties.