Housing market data Q4/2021: Indices continue to rise at the end of the year
The indices for the rental, condominium and detached and semi-detached house sub-segments continued to rise in Q4/2021. The relative increase in advertised rents, at 1.2% on the last quarter and 5.8% on the same quarter of the previous year, continued to lag well behind the development of purchase prices. Prices for condominiums rose by 2.9% compared to Q3, prices for detached and semi-detached houses even by 3.1% compared to the last quarter.
Not only the prices offered, but also the construction costs have recently risen significantly, as can be seen from a press release of the Federal Statistical Office of 10.01.2022 (“Strongest increase in construction prices in 51 years”). You can also access these and many other important market indices for Germany directly from our market studio: Rents and purchase prices for housing, construction costs, disposable income and savings rate of private households, consumer price index, GDP, unemployment and employment figures as well as the current development of insolvency proceedings can be compared with just a few mouse clicks or downloaded for your own analyses.