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House price growth in Germany

Are homes there getting further out of reach right now?

Germany's house price growth is 0.85 % #22 of 54 countries on the atlas (lower is better). Period 2025-Q4.

0.85%

Checked 31 Jul 2026Period 2025-Q4

Source: BIS residential property prices

Real house prices in Germany rose 0.9 % over the past year — beyond general inflation.

House price growth in Germany over time

9.16 %-2.90 %-14.96 %9.16 % · Q2 2021-14.96 % · Q2 2023Q2 2006: -1.72 %Q3 2006: 0.05 %Q4 2006: -1.13 %Q1 2007: -0.87 %Q2 2007: -2.70 %Q3 2007: -3.49 %Q4 2007: -2.82 %Q1 2008: -0.12 %Q2 2008: 1.20 %Q3 2008: -0.15 %Q4 2008: 1.83 %Q1 2009: 0.09 %Q2 2009: -1.73 %Q3 2009: -0.67 %Q4 2009: -1.66 %Q1 2010: -2.47 %Q2 2010: -0.42 %Q3 2010: 0.55 %Q4 2010: 0.24 %Q1 2011: 1.06 %Q2 2011: 0.18 %Q3 2011: 0.26 %Q4 2011: -0.09 %Q1 2012: 0.51 %Q2 2012: 1.63 %Q3 2012: 0.43 %Q4 2012: 1.32 %Q1 2013: 1.53 %Q2 2013: 1.50 %Q3 2013: 2.06 %Q4 2013: 0.97 %Q1 2014: 1.10 %Q2 2014: 2.19 %Q3 2014: 2.07 %Q4 2014: 2.90 %Q1 2015: 4.20 %Q2 2015: 3.44 %Q3 2015: 3.67 %Q4 2015: 5.39 %Q1 2016: 5.95 %Q2 2016: 6.72 %Q3 2016: 7.68 %Q4 2016: 7.37 %Q1 2017: 5.23 %Q2 2017: 4.39 %Q3 2017: 4.12 %Q4 2017: 4.72 %Q1 2018: 5.21 %Q2 2018: 4.76 %Q3 2018: 5.02 %Q4 2018: 4.17 %Q1 2019: 3.86 %Q2 2019: 4.21 %Q3 2019: 3.86 %Q4 2019: 5.22 %Q1 2020: 5.24 %Q2 2020: 5.72 %Q3 2020: 8.82 %Q4 2020: 8.85 %Q1 2021: 7.75 %Q2 2021: 9.16 %Q3 2021: 8.52 %Q4 2021: 7.63 %Q1 2022: 7.08 %Q2 2022: 3.27 %Q3 2022: -2.13 %Q4 2022: -10.24 %Q1 2023: -13.45 %Q2 2023: -14.96 %Q3 2023: -14.96 %Q4 2023: -10.78 %Q1 2024: -7.49 %Q2 2024: -4.70 %Q3 2024: -2.09 %Q4 2024: -0.41 %Q1 2025: 1.48 %Q2 2025: 1.21 %Q3 2025: 0.96 %Q4 2025: 0.85 %Q1 2026: -0.81 %Q2 2006Q1 2016Q1 2026-0.81 %
80 official observations, Q2 2006Q1 2026. Every point is a published value — never interpolated.
Rank
#22 of 54
lower is better
Ranked behind
59 %
32 of 54 countries
Latest move
▼ 1.66 pp
since Q4 2025
Year on year
▼ 2.28 pp
over 12 months
Below its peak
9.96 pp
peak 9.16 % in Q2 2021
Full series
▲ 0.92 pp
since Q2 2006

In Europe: #10 of 31vs median 2.49 %: −1.63 pp (better)

Among 54 countries

2 of 54 countries between -6.81 % and -6.11 %1 of 54 countries between -4.01 % and -3.31 %4 of 54 countries between -3.31 % and -2.62 %3 of 54 countries between -2.62 % and -1.92 %2 of 54 countries between -1.92 % and -1.22 %2 of 54 countries between -1.22 % and -0.52 %3 of 54 countries between -0.52 % and 0.18 %5 of 54 countries between 0.18 % and 0.88 %3 of 54 countries between 1.58 % and 2.28 %5 of 54 countries between 2.28 % and 2.97 %2 of 54 countries between 2.97 % and 3.67 %3 of 54 countries between 3.67 % and 4.37 %2 of 54 countries between 4.37 % and 5.07 %2 of 54 countries between 5.07 % and 5.77 %1 of 54 countries between 5.77 % and 6.47 %3 of 54 countries between 6.47 % and 7.17 %4 of 54 countries between 7.17 % and 7.86 %2 of 54 countries between 7.86 % and 8.56 %5 of 54 countries between 9.26 % and 9.96 %median 2.40 %Germany: ahead of 59 % of the 54 countries with a published house price growthGermany 0.85 %-6.81 %9.96 %
Half of all 54 countries sit between -0.52 % and 6.20 %. Germany is ahead of 59 % of them. Axis trimmed to the 2nd–98th percentile; 3 values beyond it sit in the end bars.

The neighbourhood

#CountryHouse price growthvs Germany
20 Belgium0.59 %−0.26 pp
21 Sweden0.69 %−0.16 pp
22 Germany0.85 %
23 Poland1.79 %+0.93 pp
24 Singapore1.90 %+1.05 pp

Real year-on-year change in residential property prices (BIS). Framed for buyers — slower growth is greener; homeowners may read it the other way.

How to read this figure

Real year-on-year change in residential property prices from the BIS — inflation-adjusted, so it shows whether homes beat or trailed prices in general. Base-independent, which is what makes ~60 countries honestly comparable in one ranking. The colour scale takes the buyer’s side (slower growth = greener); an existing owner may read it the opposite way.

Next, about Germany

House price growth since 2015Mortgage rates
House price growth, all countries ranked →Compare Germany with another country →Everything about Germany
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