Real estate market: Prices for home ownership are increasing for the third time in a row

Houses and apartments have further increased in almost all regions of Germany. In the second quarter, the prices for residential properties in Germany were 3.2 percent above the level of the previous year and 1.1 percent higher than in the first quarter of 2025. The Federal Statistical Office calculated this based on preliminary data.

This increased the residential property prices for the third time in a row. In the first three months of 2025, the prices for the previous year according to the latest calculations attracted 3.5 percent, for the final quarter of 2024 the Wiesbaden statisticians determined an increase of 1.9 percent.

Previously there had been price declines since the fourth quarter of 2022. On average 2024, prices for houses and apartments in Germany were 1.5 percent lower than 2023.

Price increase in almost all regions

According to calculations by the Federal Statistical Office, condominium cost more than a year earlier in the period April to June of the current year. The prices for single and two-family houses also attracted most regions.

In the seven largest cities – Berlin, Hamburg, Munich, Cologne, Frankfurt/Main, Stuttgart and Düsseldorf – buyers of condominiums had to pay an average of 2.4 percent more than a year earlier and 0.3 percent more than in the first quarter of 2025. One and two -family houses were somewhat cheaper than a year earlier: the prices for such real estate – at a high level – by 0.2 percent.

In cities outside of the top 7 metropolises, apartments increased by an average of 5.0 percent for the previous year’s quartal and 1.3 percent to the previous year. In rural circles, buyers of condominiums had to pay an average of 3.6 percent more than in the previous year’s quarter and in the previous quarter.