How important is the residential letting market in Germany?

The figures underline the importance of the residential letting market in Germany. Of the 43 million apartments throughout the country, 51 percent are owner-occupied and 49 percent are rented. In the rest of Europe, by contrast, home ownership averages 69 percent.

How has the German housing market changed over the years?

In recent years, the German residential market has been characterised by a steep upward trend. Even the Covid-19 pandemic from 2020 onwards did not slow housing demand – neither on the tenant nor on the investor side.

What is the housing market report?

As an annual market report, the Housing Market Report provides structural information on the German housing market and discusses current economic/demographic developments and their impact on the German housing market. It supplements the half-yearly Housing Market Overview, which mainly deals with current market developments.

Is Germany a good place to buy a house?

Nevertheless, the German residential market remains attractive for both domestic and foreign investors - thanks, among other things, to its low ownership rate with steadily rising demand for housing as well as Germany's decentralised metropolitan areas and excellent risk rating.