House price index per quarter in Germany 2016-2023
The house price index in Germany increased steadily from 2016 to 2022, followed by a decline until the second quarter of 2023. The index amounted to 100 in 2015 and, at its peak in the second quarter of 2022, exceeded 166 index points, meaning that house prices had risen by 66 percent during that period. Among the leading residential real estate markets in Germany, Munich had the highest square meter price for apartments.