Makrognosis

Germany House Price Index

QuarterlyNot seasonally adjustedCode DE.HPI.Q.NSA

Latest (y/y)0.6%Q2 2026
Previous (y/y)1.2%Q1 2026
Level100.6Q2 2026

Germany House Price Index was up 0.6% year on year in Q2 2026, compared with 1.2% in Q1 2026.

The level stood at 100.6 (Index 2025=100).

That is the lowest reading since Q3 2024.

Among the 27 economies Makrognosis covers on this measure, it is the 4th lowest.

Over the past ten years it has ranged from −10.2% (Q3 2023) to 12.7% (Q3 2021), averaging 4.3%.

Germany House Price Index, annual % change, Q1 2012 – Q2 2026−15%−10%−5%0%5%10%15%20122014201620182020202220242026Robomacro
Germany House Price Index, annual % change, Q1 2012 – Q2 2026. Source: Federal Statistical Office of Germany (Destatis).
Germany House Price Index, level (Index 2025=100)40608010020122014201620182020202220242026Robomacro
Germany House Price Index, level (Index 2025=100).

Showing the full history (downsampled for display). Open the interactive chart to zoom and switch transforms.

Recent data

PeriodValueY/Y %
Q2 2026100.60.6
Q1 2026100.31.2
Q4 2025100.22.6
Q3 2025100.73.2
Q2 2025100.03.3
Q1 202599.103.8
Q4 202497.701.9
Q3 202497.60−0.2
Q2 202496.80−2.5
Q1 202495.50−5.2
Q4 202395.90−7.6
Q3 202397.80−10.2
Q2 202399.30−9.4
Q1 2023100.7−6.3
Q4 2022103.8−2.5
Q3 2022108.95.1
Q2 2022109.610.2
Q1 2022107.512.2
Q4 2021106.512.7
Q3 2021103.612.7
Q2 202199.5011.5
Q1 202195.809.4
Q4 202094.508.7
Q3 202091.908.2

Last 24 observations. The full history (62 observations) is available through the API.

Get Germany House Price Index in your code or spreadsheet

One guessable code, agency-direct, updated on release. Free tier available.

curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/DE.HPI.Q.NSA"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/DE.HPI.Q.NSA",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
Get a free API key → · API docs

About this series

Latest observationQ2 2026
First observationQ1 2011
Observations62
FrequencyQuarterly
UnitsIndex 2025=100
AdjustmentNot seasonally adjusted
10-year high12.7% (Q3 2021)
10-year low−10.2% (Q3 2023)
10-year average4.3%
Source agencyFederal Statistical Office of Germany (Destatis)
Makrognosis codeDE.HPI.Q.NSA

House Price Index: how Germany compares

#EconomyPeriodLatest
1TurkeyQ3 202622.3%
2PortugalQ2 202616.5%
3BulgariaQ2 202615.5%
4SpainQ2 202612.1%
5RomaniaQ2 202612.1%
16NetherlandsQ2 20264.3%
17NorwayQ2 20264.2%
18ItalyQ2 20264.0%
19SingaporeQ3 20263.4%
20South KoreaQ4 20263.2%
21SwitzerlandQ2 20262.9%
22United StatesQ3 20262.4%
23BelgiumQ2 20262.1%
24GermanyQ2 20260.6%
25FranceQ2 2026−0.8%
26IsraelQ3 2026−1.7%
27FinlandQ2 2026−2.7%

House Price Index by country: all 27 economies ranked →

Other Germany indicators

Germany GDP (Gross Domestic Product)Germany Gross domestic product, Current prices, million EURGermany Inflation Rate (CPI)Germany Core Inflation RateGermany Unemployment RateGermany 10-Year Government Bond YieldGermany Credit Rating & Sovereign Risk ScoreGermany Industrial ProductionGermany Retail SalesGermany Producer Price Inflation (PPI)Germany Current account balance (BPM6, vs rest of world), not seasonally adjustedGermany Current account balance, % of GDPGermany Trade Balance: Goods & ServicesGermany Exports of goods and services, Current prices, million EURGermany Exports of goods and services, chain-linked volumeGermany Exports of goods, total (World), calendar+seasonally adjusted

FAQ

What is the current house Price Index in Germany?
The latest reading is 0.6% year on year for Q2 2026, published by Federal Statistical Office of Germany (Destatis).
Where does this data come from?
It is collected directly from Federal Statistical Office of Germany (Destatis) and is available through the Makrognosis API under the code DE.HPI.Q.NSA.

Last updated 2026-11-09. Source: Federal Statistical Office of Germany (Destatis). Original title: “Germany house price index (Destatis 61262; base 2025=100; Eurostat 2015=100 twin demoted)”.