Germany retail property price index, major cities
Germany retail property price index, major cities stood at 91.4 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, German cities of supra-regional importance | 168.1 | 164.1 | 165.4 | 184.2 | 190.2 | 181.2 | 168.1 | 149.2 | 137.9 | 123.9 | |
| Commercial property price index, retail, German cities of supra-regional importance | 91.4 | 87.7 | 95.1 | 110.4 | 116.7 | 121.2 | 127.5 | 127.4 | 125.1 | 119.8 | |
| Commercial property price index, multi family houses, German cities of supra-regional importance | 214.4 | 207.7 | 203.3 | 221.2 | 223.2 | 200.2 | 182.5 | 158 | 142.3 | 131.4 |
Understanding germany retail property price index, major cities
Valuations of physical storefronts, urban shopping galleries, and central high-street retail units within primary metropolitan hubs form the exclusive basis of this tracker. It completely strips out office and multi-family housing transactions to isolate the capital costs associated with consumer-facing commercial spaces in economically dominant cities. The geographical constraint guarantees that provincial retail parks and small-town storefronts do not dilute the data. The resulting metric strictly monitors the asset pricing of urban retail footprints, driven by final transaction values rather than theoretical appraisals or landlord asking prices.
Utilizing this index involves calculating changes relative to the 2013=100 base to understand long-term shifts in urban retail asset demand. The dataset is distributed on an annual schedule, thereby bypassing the intra-year noise of holiday-driven retail cycles and leaving year-on-year analysis as the standard operational framework. Early data points are routinely updated when delayed sale contracts finally clear the backlog at municipal land registries. Care must be taken not to confuse this capital metric with consumer spending tracking; while related, this series strictly evaluates the physical real estate facilitating those retail operations.
Frequently asked questions
- Are operational business revenues factored into this retail real estate index?
- The index isolates the physical property asset valuation, entirely independent of the retail turnover generated by the occupying tenants.
- Does the geographic filter include high-street shops in secondary towns?
- Stores located outside the designated major cities of supra-regional importance are relegated to a separate geographic index.
- Are initial property valuations used in the absence of a sale?
- The methodology relies exclusively on completed, notarised purchase contracts rather than hypothetical appraisals or market listings.