NEW: empirica regio GO
For a quick market overview with the most important indicators for districts and district-free cities, we now offer empirica regio GO free of charge with the short report REGIO TO GO. This gives you a quick overview of population development, housing supply, income and labour market trends as well as current property prices and rents. You can change the language from German to English at the bottom of the page - so you will also receive the report in English. If you would like to access our entire database for detailed market analyses and extensive market reports, then use the empirica regio market studio.
In empirica regio GO you will also find a special evaluation of the development of supply on the housing market in Germany during the coronavirus recession. For this purpose we have looked at the advertised housing market of the empirica-systeme market database of the last twelve months. In March, although there was a decline in offers, no significant change in rental and purchase prices could be observed. We will update the data analysis again in May and supplement it with more up-to-date data.
empirica real estate price index Q1 2020
What slowly became apparent in the last months is continuing: the rise in rents is continuing to slow down, especially in the metropolitan areas. The effects of the rent cap in Berlin are also reflected in the market data. In terms of purchase prices, however, the price increases are still continuing in the first quarter. As a result, purchase prices and rents continue to diverge.
The effects of corona can currently only be reflected in property prices to a very limited extent, and the period since the outbreak of the crisis in Germany is too short for a detailed analysis. Two papers about the current data and the (possible) consequences of the corona crisis on the real estate market can be found on the website of empirica ag and at empirica-systeme (both in German).
The empirica real estate price index for quarters at the level of districts and district-free cities as well as aggregated regions (e.g. A and B cities, district types according to population development, rural or urban areas, regional planning regions) can be obtained from the empirica regio market studio. Further information on our services can be found in our current service profile.
empirica real estate price index Q4 2019
The empirica real estate price index for the fourth quarter of 2019 is now available. The rise in purchase prices continues. In the rental price segment, however, rents in many core cities are rising less strongly than before. Some cities also show stagnating or even slightly declining rents, e.g. Munich, Erlangen, Freiburg im Breisgau or Regensburg (in each case based on all years of construction).
At empirica regio the data of the empirica real estate price index can be accessed on a quarterly and annual level for districts and cities as well as aggregated regions (e.g. A and B cities, district types according to population development, rural or urban areas, spatial planning regions). A brief analysis of the current data and further information on the real estate price index in German can be found on the website of empirica ag.
CBRE empirica vacancy index 2019
In Germany, around 600,000 market-active multi-storey apartments were vacant in 2018. However, the regional gap in vacancy rates continues to widen: reserves in growing regions and in swarm cities continue to decline, contrasting with an increase in vacancies in shrinking regions.
The figures are based on management data from CBRE (approx. 755,000 residential units) and extensive analyses and estimates based on the empirica regional database and the Federal Statistical Office. Further information on the vacancy index can be found on the website of empirica. Also the Süddeutsche Zeitung has dealt with the data and the topic of vacancies this week. At empirica regio you can access the vacancy index and the vacancy forecast within the scope of our data licence.
ZEIT ONLINE: Rents in Germany
For ZEIT ONLINE empirica regio has prepared a comprehensive analysis of rents between 2012 and 2018. The evaluation was published by ZEIT ONLINE as analysis with interactive maps and is part of the focus topic "Mieten am Limit". In addition to showing the price level in 2018, the map also shows the price development from 2012 as a diagram. More articles on this topic will be published in the coming days. The articles are available in German.
© ZEIT ONLINE
The database for the analysis is the empirica-systeme Market Database. For questions regarding the calculation and the data basis, please contact us.
empirica real estate price index Q3 2019
The rents and purchase prices for the third quarter of 2019 from the empirica real estate price index are available. While purchase prices continue to rise sharply - across Germany, the purchase prices for condominiums are rising five times faster than rents - the curves for rents in the core cities repeatedly point downwards or stagnate at a high level. Is this a sign of the end of the cycle?
With our analysis tool empirica regio you can analyse the data of the empirica real estate price index in detail and this in the course of time spatially differentiated for different region types and districts. Further information on the current real estate price index can also be found at empirica ag.
Data for cities and municipalities
Our database is regularly updated with new data, indicators and functions. Soon you will not only find data for districts and district-free cities, spatial planning regions or federal states, but also for more than 11,000 cities and municipalities.
The following map shows as an example the construction intensity for the years 2013 to 2017. In addition to indicators on housing stock and construction activity, we also offer demographic data, labour market indicators and income data.
empirica regio at the EXPO REAL 2019
We are at this year's EXPO REAL in Munich and look forward to meeting you. We have our entire data portfolio of regional data with us: population, migration, forecasts, social security data, labour market data, rent and purchase prices, housing stock and construction activity, vacancy rates, income and much more.
Contact us for a metting. We will present our product live on site and answer your questions.
empirica real estate price index Q2 2019
New rents and purchase prices for the second quarter of 2019 from the empirica price database are now available for download. The current data show a slower increase in rents in prime locations with continued high price increases in the owner-occupied segment. As a result, yields in A and B cities continue to decline significantly.
The pseudo-returns for new construction are shown here as an example. This indicator is calculated as the ratio of quality-adjusted rental prices to quality-adjusted purchase prices for multi-storey apartments in the empirica property price index.
If you would like to test these current market data (rents, purchase prices, pseudo-yield and multiplier) and other indicators in our application, then contact us. We will be happy to advise you and present our offer to you.
Further information on the current real estate price index can be found at empirica.
And if you are interested in multipliers and initial yields of rented apartments, then have a look at the colleagues from empirica-systeme.
Change of name and expansion of the management
The empirica regional database has been marketed by us since 2018 under the name empirica regio. The name empirica regio has also been used in the company title of empirica regio GmbH since July 2019.
Under this brand we carry a broad set of indicators of regional data together with the aim of enabling thematic data analysis and reporting at the push of a button. The development of purchase prices, rents or yield figures, labour market statistics, vacancy rates or forecasts are thus made available to our customers quickly and easily. And it makes no difference whether data is required for the Top7, growth and shrinking regions, urban and rural areas or specific districts and cities, because all data bases are automatically applied to different types of space.
From July 2019 Jan Grade and Dr. Lorenz Thomschke will strengthen the management of empirica regio. Together with Dr. Reiner Braun we can draw on extensive know-how in the areas of research, analysis and consulting.
Would you like to learn more and try our database? Then contact us. We look forward to getting to know you.
empirica bubble index Q1 2019
The new empirica bubble index shows an initial increase in the ratio of prices to income and a further increase in multipliers and debt. New construction, on the other hand, remains constant. As a result, the risk of bubbles continues to rise, especially outside the growth regions.
The results of the empirica bubble index can also be obtained as a module via empirica regio with interactive graphs and other framework data. Access to the new quarterly data is always possible a few days after the end of the respective quarter. More information on our database can be found here.
Further information on the bubble index can be found on the website of empirica.