Policy Article

Greix – 2023 with the largest drop in real estate prices on record

Authors

  • Francisco Osswald do Amaral
  • Jonas Zdrzalek
  • Steffen Zetzmann
Publication Date

The prices for residential real estate in Germany have fallen in 2023 more sharply than ever before since the beginning of our data recording in 1964. This trend applies to all residential segments, with the decline being most pronounced in multi-family houses. However, it is evident that prices are slowly stabilizing in the 4th quarter of 2023.

Info

Key Words

  • Real Estate Market
  • Housing Price Indices
  • Cities
  • Germany

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