2021

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.

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.

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.

With the Autumn Update 2021 we provide several new and revised functions in the empirica regio Market Studio for our customers. The major updates include the new indices for Germany and an analysis tool for correlation analysis.

We have updated our website with a new design, clear structure and adapted content.

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).

The empirica regio market studio has new analysis tools for spontaneous evaluations or for preparing more in-depth analyses in your own software environment.

The empirica housing price index continues to show rising prices, especially in the condominium segment (+3.2% quarter-on-quarter) and detached and semi-detached houses for sale (+2.9% quarter-on-quarter).

The Spring Report on the Real Estate Industry (Frühjahrsgutachten Immobilienwirtschaft), written by the Council of Real Estate Experts and published by the German Property Federation (Zentraler Immobilien Ausschuss, ZIA), has been published.

The current empirica housing price index for Q1/2021 is available. The relative development continues as in the previous quarters: rents continue to rise, albeit slowly, and purchase prices continue to increase strongly.

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.