Germany retail property price index, 2013=100, annual
Germany retail property price index, 2013=100, annual stood at 97 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, total | 168.3 | 164.5 | 166.7 | 181.2 | 181.9 | 172.8 | 158 | 141.1 | 131.9 | 119 | |
| Commercial property price index, retail | 97 | 95.5 | 98.7 | 109.8 | 115.6 | 118.2 | 119.4 | 117.6 | 115.3 | 111.9 | |
| Commercial property price index, multi family houses | 201.7 | 196.1 | 194.6 | 207.5 | 203.9 | 181.3 | 162.4 | 142.9 | 130.9 | 121.4 |
Understanding germany retail property price index, 2013=100, annual
Transactions involving physical storefronts, shopping complexes and high-street units across the entire country dictate the valuation mechanics of this specific index. Unlike the aggregate commercial property metric which blends administrative and retail spaces, this measure isolates the valuation changes of consumer environments alone. The scope captures final sale prices rather than asking prices, reflecting the underlying market valuation of the physical assets where retail trade occurs. It excludes purely logistical warehouses and corporate headquarters, which are allocated to their respective bespoke indices within the wider real estate suite.
Interpreting the figures requires attention to the baseline, calibrated to 2013=100, which serves as the static anchor for calculating cumulative shifts in property valuation. Because the series is published on an annual basis, short-term seasonal volatility is naturally smoothed out, making year-on-year calculations the standard method for extracting meaningful market signals. Users should expect periodic revisions as late-arriving transaction contracts are processed by local land registries and eventually incorporated into the Bundesbank database. Comparing this index against retail rent gauges can highlight divergence between underlying asset valuations and the operational income generated by those same spaces.
Frequently asked questions
- Are e-commerce logistics centers captured in this retail index?
- Dedicated logistical and distribution warehouses are omitted, as this series strictly tracks physical consumer-facing properties.
- Does the valuation rely on real estate broker asking prices?
- The index is constructed using finalized transaction prices compiled from notarised sales contracts rather than initial market listings.
- Are retail properties outside of large urban centers included?
- The aggregate nature of this nationwide series incorporates transactions from all administrative districts without geographic limitation.