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Housing Market: Germany: Difference between revisions
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=== <big>Prices</big> === | === <big>Prices</big> === | ||
==== Federal Statistical Office House Price Index ==== | ==== <big>Federal Statistical Office House Price Index</big> ==== | ||
[[File:Wohnimmobilien-haeuser.png|center|thumb|648x648px|https://www.destatis.de/DE/Themen/Wirtschaft/Preise/Baupreise-Immobilienpreisindex/_inhalt.html]] | [[File:Wohnimmobilien-haeuser.png|center|thumb|648x648px|https://www.destatis.de/DE/Themen/Wirtschaft/Preise/Baupreise-Immobilienpreisindex/_inhalt.html]] | ||
[[File:Wohnimmobilien-eigentumswohnungen.png|center|thumb|632x632px|https://www.destatis.de/DE/Themen/Wirtschaft/Preise/Baupreise-Immobilienpreisindex/_inhalt.html]] | [[File:Wohnimmobilien-eigentumswohnungen.png|center|thumb|632x632px|https://www.destatis.de/DE/Themen/Wirtschaft/Preise/Baupreise-Immobilienpreisindex/_inhalt.html]] | ||
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* The prices for one- and two-family homes in the top 7 metropolises (Berlin, Hamburg, Munich, Cologne, Frankfurt am Main, Stuttgart and Düsseldorf) fell by an average of 9.1% compared to the 4th quarter of 2022, condominiums cost 5.8 % fewer | * The prices for one- and two-family homes in the top 7 metropolises (Berlin, Hamburg, Munich, Cologne, Frankfurt am Main, Stuttgart and Düsseldorf) fell by an average of 9.1% compared to the 4th quarter of 2022, condominiums cost 5.8 % fewer | ||
==== EPX Index ==== | ==== <big>EPX Index</big> ==== | ||
''The EPX hedonic is based on transaction data from private real estate financing from the independent Europace platform. Around 20 percent of all real estate financing for private customers in Germany is processed via Europace. The EPX was developed in 2005 together with the Federal Office for Building and Regional Planning BBR and has been collected monthly since then.'' <ref>https://report.europace.de/epx-hedonic/</ref> | ''The EPX hedonic is based on transaction data from private real estate financing from the independent Europace platform. Around 20 percent of all real estate financing for private customers in Germany is processed via Europace. The EPX was developed in 2005 together with the Federal Office for Building and Regional Planning BBR and has been collected monthly since then.'' <ref>https://report.europace.de/epx-hedonic/</ref> | ||