Top 7 German cities vdp residential property price index
Top 7 German cities vdp residential property price index stood at 99.3 in Q2 2026. It is one of the indicators in the vdp property price indices table (Value · Quarterly), with a complete series running from Q1 2003 to Q2 2026. The complete series with an interactive chart, free to download.
This indicator in the vdp property price indices table
| Indicator | Q2-2026 | Q1-2026 | Q4-2025 | Q3-2025 | Q2-2025 | Q1-2025 | Q4-2024 | Q3-2024 | Q2-2024 | Q1-2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Top seven cities | |||||||||||
| Residential property | 99.3 | 99.4 | 98.8 | 98.3 | 97.3 | 97.1 | 95.5 | 93.9 | 93 | 92.7 | |
| Owner-occupied housing | 98.2 | 98.2 | 97.8 | 97.2 | 96.7 | 95.6 | 94.7 | 94.2 | 93.3 | 92.7 |
Understanding top 7 German cities vdp residential property price index
Geographic coverage in this series narrows strictly to Germany's seven premier metropolitan locations, tracking residential transactions concluded inside those municipal borders. Coverage includes single-family homes, owner-occupied condominiums, and multi-family rental buildings situated within the administrative borders of these major cities. Residential transactions across smaller cities, suburban commuter towns, and rural districts are excluded. While the nationwide residential series aggregates transactions across the entire country, this row isolates the core metropolitan tier where real estate dynamics often diverge from provincial markets.
Metropolitan real estate cycles often decouple from provincial trends, meaning this urban index can diverge significantly from the nationwide residential benchmark. Evaluating metropolitan residential valuations on a year-on-year basis eliminates seasonal distortions associated with the timing of urban property transactions. Quarter-on-quarter movements capture immediate responses to financing conditions, though early figures remain subject to revisions as metropolitan land registry and lender records are completed. Analysts must remember that both series use a common 2022=100 base rather than comparing absolute price levels per square metre.
Frequently asked questions
- What geographic areas are included in this Top 7 series?
- The series covers transactions located exclusively within the seven major metropolitan cities designated in the classification, excluding smaller municipalities and rural areas.
- Does this index include commercial real estate located in these cities?
- No, it covers only residential properties, including single-family houses, condominiums, and multi-family apartment buildings.
- Can this index be used to compare absolute price levels between metropolitan cities and rural regions?
- No, because it is an index set to 2022=100, it reflects relative rates of price change over time rather than cash values per square metre.