December 15, 2021

CBRE-empirica-Vacancy-Index 2021

The market-active vacancy rate increased for the first time in 14 years and was at 2.8% or 611,000 units at the end of 2020. This is a change of around 8,000 apartments compared with the previous year.

While vacancies in shrinking regions have already been rising since 2015, an increase can now also be observed in swarm cities and A-cities. This development is due to changes on both the supply and demand sides. Twice as many apartments are now being built in the swarm cities as ten years ago. On the demand side, in addition to ongoing suburbanization, inward migration collapsed last year due to corona.

Change in the CBRE-empirica Vacancy Index 2021 for selected region types

The CBRE-empirica-vacancy-index is the only data source with information on the market-active vacancy rate in multi-storey flats in Germany. The current figures are based on management data from the real estate consultancy CBRE (around 722,000 residential units) as well as extensive analyses and estimates based on the empirica regional database and the Federal Statistical Office.

Our clients receive the current data of the empirica property price index and the CBRE-empirica-vacancy-index via the market studio. The empirica regio Housing Market Reports also contain the most up-to-date data. Contact us for further information. The methods and data basis for the price index and the vacancy index as well as further data sets can also be found on the website of empirica ag.

housing market vacancy 2021
New Real Estate Market Data Available

New Real Estate Market Data Available

The empirica housing price index with current rents and purchase prices for the 4th quarter of 2020 and the CBRE-empirica-Vacancy-Index 2020 are available.
empirica housing market bubble index Q3/2021: Index continues to rise

empirica housing market bubble index Q3/2021: Index continues to rise

The empirica housing market bubble index rises more strongly in the third quarter of 2021, especially in the completions sub-index, and somewhat less in the multiplier and price-income sub-indices. The overall index rises most strongly in the swarm cities, followed by the growth and shrinking regions.
Housing market data Q3/2021: Falling dynamics on the housing market

Housing market data Q3/2021: Falling dynamics on the housing market

The empirica property price index for Q3 2021 is available just in time for EXPO REAL. The rise in rents in the swarm cities is easing somewhat. In the surrounding regions and some rural areas, on the other hand, rents are rising even more strongly, albeit from a lower starting level. A look at the following map shows the development of the last three years at district level for rents (all construction years).