Top 7 German cities vdp single-family house price index
Top 7 German cities vdp single-family house price index stood at 98.3 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 | |||||||||||
| Single-family houses | 98.3 | 98.1 | 97.9 | 97.1 | 96.7 | 95.6 | 95.1 | 94.7 | 93.9 | 93.4 | |
| Condominiums | 98.2 | 98.3 | 97.7 | 97.3 | 96.7 | 95.5 | 94.5 | 93.8 | 92.8 | 92.2 |
Understanding top 7 German cities vdp single-family house price index
Standalone villas, semi-detached properties, and terraced houses acquired for owner-occupancy across the seven major German metropolitan areas form the basis of this measurement. The series isolates ground-oriented family homes with attached land plots, tracking transaction prices paid by private purchasers. It excludes condominiums, multi-family apartment buildings, and commercial real estate. By focusing purely on single-family houses, this index differs from the broader owner-occupied series, which also incorporates apartment sales, and from the multi-family capital value index, which reflects investment acquisitions of entire rental blocks.
Because family home transactions typically exhibit marked seasonal patterns between spring and winter, year-on-year comparisons offer the most reliable evaluation of structural price movements. Quarter-on-quarter rates are more sensitive to fluctuations in the timing of notary completions and mortgage drawdowns. The underlying hedonic methodology controls for building age, living space, plot size, and neighborhood attributes, preventing changes in transaction sample mix from skewing results. Recent quarterly figures are treated as provisional and subject to backward revision as additional mortgage records are submitted by lenders.
Frequently asked questions
- Does this index include semi-detached and terraced houses as well as freestanding homes?
- Yes, the calculation encompasses freestanding single-family residences, semi-detached dwellings, and terraced houses bought for personal occupancy. It excludes apartment units and multi-unit residential structures.
- How does land plot size influence this price measure?
- Hedonic regression models explicitly control for differences in plot area alongside living space and building standard. This isolates underlying house price trends from quarterly variations in the land parcel sizes of transacted homes.
- Why might this single-family house index diverge from condominium price trends in the same cities?
- Single-family houses involve freehold land ownership and distinct buyer demographics that respond differently to financing conditions compared to apartment purchasers. Land constraints and construction type also create distinct supply dynamics for houses relative to condominiums.