Housing market data Q2/2025: Purchase prices rise, affordability stagnates

The empirica housing market index for Q2/2025 shows differentiated developments on the German residential property market. In the case of existing properties, prices for detached and semi-detached houses stagnated, while condominiums recorded slight increases. Rents for existing flats rose much more sharply. In the new-build segment, prices for single-family and semi-detached homes rose more sharply, while rents increased at a similar rate to existing properties.

From a regional perspective, the proportion of districts with price increases for new-build apartments and single-family homes recovered to around two thirds in Q2/2025 after falling sharply at the end of 2023. Rising rents were unaffected by this. The recovery in the existing segment is slower, with a slight downward trend in Q2/2025. Rents for new-build flats continue to rise in independent cities and districts, with districts recording a slightly higher increase. The affordability of rents and annuities (loan instalments) has shown a slight upward trend again in the last two quarters, although the lack of equity is often a greater obstacle for first-time buyers than the annuity burden.

Data basis empirica housing market index

All empirica housing market index data  can be obtained as individual data sets or via database access from empirica regio. Further figures can be found in the quarterly publication on the index.