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 0.43 %
Data 2020 Q4 115.6
2020 Q3 115.1

Series Information

Source Federal Statistical Office (FSO) - Germany
Release Construction Price Indices
Frequency Quarterly
Start Date 3/31/2000
End Date 12/31/2020

Germany: Real Estate

Reference Last Previous Units Frequency
House Price Index for New Homes 2020 Q4 115.6 115.1 Index 2015=100, NSA Quarterly
House Price Index Nov 2020 191.21 191.43 Index August 2005=100, NSA Monthly
House Price Index for Existing Homes Nov 2020 162.12 160.68 Index August 2005=100, NSA Monthly
House Price Value for Existing Homes Nov 2020 340,975 337,301 Euros, NSA Monthly
Building Permits Oct 2020 30,631 29,664 Number, NSA Monthly
Non-residential Building Permits Oct 2020 4.83 3.86 Bil. DEM/Bil. EUR, CDASA Monthly
Building Completions 2019 197,785 196,834 Number Annual
Dwelling Stocks 2018 42,235 41,968 Ths., NSA Annual
Residential Building Permits 2018 117,869 119,060 #, 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.