Hanover buy & rent: House, apartment, property – Square meter price

Hannover buy & rent – Hannover is the metropolis in Lower Saxony. Close to Berlin, Hamburg but also Braunschweig and Wolfsburg. Global companies like VW are at home here. Hanover is therefore also in demand when it comes to real estate, whether tenant or buyer. We take a look at the real estate market around land, condominiums and single-family homes in Hannover.

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Living in Hannover

How is the city developing? We take a look at the forecast for the development of private households in Lower Saxony.

  1. City map of Hanover
  2. Private households: Forecast until 2030 in Lower Saxony
  3. Net disposable income

City map Hannover

Net disposable income

Ranking of disposable income per inhabitant in the 15 largest cities in Germany in 2016 (in euros).

Statistics: Ranking of disposable income per inhabitant in the 15 largest cities in Germany in 2016 (in euros) | Statista
More statistics can be found at Statista

Buy in Germany

Tip! Read more about Buy an apartment: The 10 most expensive German cities.

  1. Ranking: Square meter prices for condominiums
  2. House price index: Development of house prices
  3. Development of construction investments in Germany
  4. Ownership ratio in Germany

Ranking: Square meter prices for condominiums

Cities with the highest prices per square meter for condominiums in 2015 and 2019 (in euros per square meter).

  1. Munich – 8,993 Euro / square meter
  2. Frankfurt am Main – 6,701 Euro / square meter
  3. Stuttgart – 6,324 Euro / square meter
  4. Potsdam – 6.1.64 Euro / square meter
  5. Berlin – 5.578 Euro / square meter
  6. Hamburg – 5,507 Euro / square meter
  7. Düsseldorf – 5,470 Euro / square meter
  8. Erlangen – 5.416 Euro / square meter
  9. Regensburg – 5.411 Euro / square meter
  10. Freiburg im Breisgau – 5,349 Euro / square meter

Statistics: Cities with the highest prices per square meter for condominiums in 2015 and 2019* (in Euro per square meter) | Statista
More statistics can be found at Statista

House price index: development of house prices

Development of house prices in Germany in the years from 2000 to 2018 (2015 = Index 100).

Statistics: Development of house prices in Germany in the years from 2000 to 2018 (2015 = Index 100) | Statista
More statistics can be found at Statista

Development of construction investments in Germany

Development of construction investments in Germany in the years 2000 to 2016 (compared to previous year).

Statistics: Development of construction investments in Germany in the years 2000 to 2016 (compared to previous year) | Statista
More statistics can be found at Statista

Ownership ratio in Germany

Ownership rate in Germany in the period from 1998 to 2018 by Länder

1998 2002 2006 2010 2014 2018
Baden-Württemberg 48.3% 49.3% 49.1% 52.8% 51.3% 52.6%
Bavaria 47.6% 48.9% 46.4% 51% 50.6% 51.4%
Berlin 11% 12.7% 14.1% 14.9% 14.2% 17.4%
Brandenburg 35.5% 39.8% 39.6% 46.2% 46.4% 47.8%
Bremen 37.5% 35.1% 35.4% 37.2% 38.8% 37.8%
Germany total 40.9% 42.6% 41.6% 45.7% 45.5% 46.5%
Hamburg 20.3% 21.9% 20.2% 22.6% 22.6% 23.9%
Hessen 43.3% 44.7% 44.3% 47.3% 46.7% 47.5%
Mecklenburg-Vorpommern 32.2% 35.9% 33.2% 37% 38.9% 41.1%
Lower Saxony 48.9% 51% 49% 54.5% 54.7% 54.2%
North Rhine-Westphalia 37.4% 39% 38.7% 43% 42.8% 43.7%
Rhineland-Palatinate 55% 55.7% 54.3% 58% 57.6% 58%
Saarland 58.1% 56.9% 54.9% 63.7% 62.6% 64.7%
Saxons 28.7% 31% 29.5% 33.7% 34.1% 34.6%
Saxony-Anhalt 36.5% 39.6% 37.9% 42.7% 42.4% 45.1%
Schleswig-Holstein 46.8% 49.4% 47.1% 49.7% 51.5% 53.3%
Thuringia 39.2% 41.8% 40.6% 45.5% 43.8% 45.3%

All further information on statistics can be found at Statista

City Palace Hanover

Rentals in Germany

Tip! Read more about Rent an apartment: The 10 most expensive German cities.

  1. Development of the rental price index
  2. Ranking: Rents for apartments
  3. Number of newly constructed residential buildings

Development of the rental price index

Development of the rent price index for Germany in the years from 1995 to 2019 (2015 = Index 100)

Statistics: Development of the rental price index for Germany in the years from 1995 to 2019 (2015 = Index 100) | Statista
More statistics can be found at Statista

Ranking: Rents for apartments

Cities with the highest rental prices for apartments in Germany in the 4th quarter of 2019(in euros per square metre)

Statistics: Cities with the highest rents for apartments in Germany in the 4th quarter of 2019 (in Euro per square meter) | Statista
More statistics can be found at Statista

Number of newly constructed residential buildings

New construction: Where are new apartments being built? Number of newly constructed residential buildings in Germany by federal state in 2017 and 2018 (in 1,000).

Statistics: Number of newly constructed residential buildings in Germany by federal state in 2017 and 2018 (in 1,000) | Statista