Housing Vacancy 2024: Second Largest Decline in 20 Years

The current vacancy index shows a significant tightening of the German housing market. In 2024, the number of market-active vacant apartments in multi-family housing decreased by approximately 45,000 to 522,000 units. The nationwide vacancy rate is now only 2.2 percent. This represents the second-largest decline in the 24-year history of the survey. Vacancy rates are falling in 85 percent of all districts and independent cities.