Germany - House Price Index for New Homes





Germany: House Price Index for New Homes

Mnemonic HPIN.IDEU
Unit Index 2015=100, NSA
Adjustments Not Seasonally Adjusted
Quarterly 0.44 %
Data 2023 Q4 161.3
2023 Q3 160.6

Series Information

Source Federal Statistical Office (FSO) - Germany
Release Construction Price Indices
Frequency Quarterly
Start Date 3/31/2000
End Date 12/31/2023

Germany: Real Estate

Reference Last Previous Units Frequency
Building Permits Jan 2024 16,797 21,182 #, NSA Monthly
House Price Index Jan 2024 245.43 241.48 Index August 2005=100, NSA Monthly
House Price Index for Existing Homes Jan 2024 168.99 169.1 Index August 2005=100, NSA Monthly
House Price Value for Existing Homes Jan 2024 352,743 353,340 Euros, NSA Monthly
House Price Index for New Homes 2023 Q4 161.3 160.6 Index 2015=100, NSA Quarterly
Non-residential Building Permits Dec 2023 4.23 4.71 Bil. DEM/Bil. EUR, CDASA Monthly
Building Completions 2022 192,744 192,055 Number Annual
Dwelling Stocks 2022 43,366 43,084 Ths., NSA Annual
Residential Building Permits 2022 110,659 129,306 #, NSA Annual

Release Information

For Germany, the construction price indices reflect the development of the prices of new and the maintenance of existing structures. Price indices are calculated for the following types of construction:

  • Traditional new building construction (residential buildings, office buildings and industrial buildings)
  • New construction of one-family buildings of a prefabricated type (prefabricated houses)
  • New construction in civil engineering (streets, bridges, sewers), and
  • Maintenance of blocks of flats.

The monthly report is used in the short0term analysis of the contruction industry and basica caluclations to obtain production indices and new orders.  The data is compiled on a quartrely basis and obtained through a survey given to people within the construction industry.