Statistics and studies are important tools for Real Estate Investors & investors, not only for assessing square meter prices and property prices, but also the demographic development (Tip: Investment Microapartment) of districts, new construction, building permits, all of which ultimately influence your investment decisions. For property buyers, but also for property sellers, the “right” time for the transaction is important in order to achieve the highest possible profit or the highest possible return! A look at the numbers and facts in Germany. An overall overview is provided by our page on the German Real Estate Market.
: Statistics on real estate, housing and investment
How is the general economic situation of people developing? When is buying or selling worthwhile? What current studies are available? We have made it our mission to collect the most important results from the Federal Statistical Office for you.
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Current Inflation in Germany
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Attractiveness for Real Estate Investments
The shares of real estate companies in Germany give an impression, as does the Federal Statistical Office. Let’s start with the most important question:
How do you assess Germany’s attractiveness as a location for real estate investments in the year?
How would you assess Germany’s attractiveness as a location for real estate investments in 2019 in comparison to other European countries?
2023: The Real Estate Price Drop -6.8%
The latest figures from the Federal Statistical Office:
“The average price of residential real estate fell by 6.8% in the first quarter of 2023 compared to the same quarter of the previous year. According to the Federal Statistical Office (Destatis), this was the largest decline in residential property prices compared to a previous quarter since the start of the time series in 2000.”
This applies not only to existing properties, but the sentiment is also reflected in new construction.
Completion of residential units in residential and non-residential buildings
Here you can see the official evaluation of: “Completion of residential units in residential and non-residential buildings* in Germany (in thousands)”. The latest figures are still from 2022. In the first half of 2023, construction permits were granted for 135,200 residential units in Germany, whereas 200,000 would have been needed to achieve the planned target of 400,000 new buildings for the year.
Target 2022: 400,000 newly built residential units
Achieved: 292,000
Residential construction stagnates: Number of approved housing units
How has the number of approved housing units in residential and non-residential buildings in Germany developed? The number of new approvals is decreasing, as well as the actual newly built units.
– 27.1 % in 20 years
Number of approved housing units in residential and non-residential buildings in Germany from 1995 to 2017.
2022: 331,300
2018: 346,810
2013: 270,34
2008: 174,691
2003: 296,823
1998: 475,711
Tip! Interesting statistics
Further studies and statistics can be found on the websites of the Federal Statistical Office. Read more about:
Disposable income per employee in Germany from 1960 to 2018. Here you can see the average disposable income per employee in the last 5 years in Germany:
2018: 22,792 Euro
2017: 22,124 Euro
2016: 21,636 Euro
2015: 21,098 Euro
2014: 20,577 Euro
Unemployment rate on an annual average
Unemployment rate in Germany on an annual average from 2004 to 2019. Here you can see the official evaluation of the unemployment rate in the last 5 years in Germany:
2019: 5.3 percent
2018: 5.2 percent
2017: 5.7 percent
2016: 6.1 percent
2015: 6.4 percent
Average unemployment number
Average unemployment number in Germany from 2004 to 2019. Here you can see the average unemployment number in Germany over the last 5 years:
2019: 2.39 million
2018: 2.34 million
2017: 2.53 million
2016: 2.69 million
2015: 2.79 million
2018: Rent Boom
Square meter price for condominium – Top 10
Here you see the cities with the highest square meter prices for condominiums in comparison of the years 2010 and 2018* (in euros per square meter).
Munich (Bavaria) with 8,342 euros per square meter; from 6,737 euros per sqm in 2014; increase of 1,695 euros per sqm in 4 years
Stuttgart (Baden-Württemberg) with 5.925 Euro per square meter; from 4.744 Euro per sqm² in 2014; increase of 1.181 Euro per sqm²
Frankfurt am Main (Hessen) with 6.060 Euro per square meter; from 4.373 Euro per sqm² in 2014; increase of 1.687 Euro per sqm²
Freiburg im Breisgau (Bayern) with 4.943 Euro per square meter; from 4.740 Euro per sqm² in 2014; increase of 203 Euro per sqm²
Ingolstadt (Bayern) with 4.969 Euro per square meter; from 4.287 Euro per sqm² in 2014; increase of 682 Euro per sqm²
Cities with the highest rental prices for apartments
Here you can see the 10 cities with the highest rental prices in the 4th quarter of the house valuation and the common methods can be found here. Year 2018:
Approval volume for new residential and non-residential buildings
2016: Comparison of Federal States
Number of newly built residential buildings by federal state
Here you can see the number of newly built residential buildings by federal state:
Bavaria: 21,600
North Rhine-Westphalia: 17,400
Lower Saxony: 15,400
Baden-Württemberg: 14,500
Schleswig-Holstein: 6,800
Hesse: 6,400
Brandenburg: 6,200
Rhine-Palatinate: 5,900
Saxony: 4,300
Mecklenburg-West Pomerania: 2,400
Berlin: 2,200
Saxony-Anhalt: 2,100
Thuringia: 2,000
Hamburg: 1,400
Saarland: 900
Bremen: 500
Development of house prices
Development of house prices in Germany from 2000 to 2017 (2015 = index 100).
Development of the rental price index
Development of the rental price index for Germany from 1995 to 2017 (2010 = index 100)
Other
Development of local rental prices
How have local rental prices developed in your region in recent years?
Controversy: Google Street View
Would it bother you if your house were visible up close in Google Street View on the internet or is that not the case?
Condominium Ownership
How high is the homeownership rate in the individual federal states? Here are the “most recent” figures from the federal statistical office. Since 2014, there has been no new survey. As soon as new data becomes available, we will include it here! Here you can see the homeownership rate in Germany between 1998 and 2014 by federal state.
Munich, Berlin, Frankfurt and nationwide: Tourism in Germany is booming and has been shining with new record numbers for over 10 years. Accordingly, the number of overnight guests is naturally increasing, as is the demand for hotels in the real estate market. From the stylish, luxurious boutique hotel in the city center to hotels with attached gastronomy and event areas. In Germany, people are not only taking more vacations, but also spending more money on them. As a result, prices for overnight stays are rising, and the hotel industry is becoming a lucrative business for more and more companies and entrepreneurs.
Therefore: The real estate market and the tourism market are both currently on the rise. If you sell now, you will achieve a good selling price – why wait for the next real estate bubble?
Overnight stays in German accommodation establishments from 1992 to 2018 (in millions).
Help and Definition
The most important forms of representation and terms at a glance:
Why are the studies so selective?
The Federal Statistical Office only offers a part of the information for free use. A large portion of the statistics that have been prepared for use are only available with a Premium account. This Premium account at the Federal Statistical Office costs 49 € per month.
What is a bar chart?
Bar charts are the most common form of statistical results used by the Federal Statistical Office. In a bar chart, different values are displayed on a scale. The scale extends along one axis and contains a value, such as the number of inhabitants or the average income. The other axis then carries the different types or classes, for example, different age groups or the subdivision into different districts.
What is a pie chart?
The pie chart format is used relatively rarely by the Federal Statistical Office. A pie chart displays statistical values in a 100% distribution. A pie, meaning a circle, represents 100%. When entering individual values, a straight line is drawn from the edge to the center, creating small triangles, one side slightly rounded. This creates the optical effect of a pie slice. That is why this form of presenting statistical values is also called a pie chart.
What does the Federal Statistical Office do?
As an authority, the Federal Statistical Office is responsible for collecting general, relevant data. This data is used, among other things, by various ministries, as well as by associations, private individuals, and naturally also by students and students. The Federal Statistical Office is based in Berlin, but is also represented by various offices throughout the country.
Are the statistical data representative?
Yes, the surveys conducted by the Federal Statistical Office are mostly representative surveys or results from extrapolations. The data are therefore interesting for many population groups, from the real estate agent who wants to observe the demographic development of a particular area to students preparing for a presentation or a major research paper. Thus, the Federal Statistical Office fulfills a major and important task in Germany.
Further studies and statistics can be found on the internet pages of the Federal Statistical Office. Read more about:
