Real estate prices in Germany - statistics & facts
To rent or to buy? Those looking for a home in Germany may find themselves thinking twice. The country recorded the second highest average bid price for a new dwelling in Europe at 4,800 euros per square meter as of 2022, just around 125 euros behind Austria and roughly 260 euros ahead of France. German-speaking countries making up the so-called DACH region (Germany, Austria, Switzerland) generally have some of the lowest home ownership rates compared to their European neighbors. Besides high purchasing prices for residential real estate, additional weighty factors were mortgage rates amid inflation in Germany.
