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Policy Article

GREIX Q3 2025: Real estate prices rise – Market activity approaches boom levels

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Authors

  • Zdrzalek
  • J.
  • Zetzmann S.
  • Amaral
  • F.

Publication Date

Key Words

Real estate market

Housing price indices

Cities

Germany

Related Topics

Real Estate Market

Germany

Real estate prices in Germany continued to rise in the third quarter of 2025. Prices for apartments and single-family houses increased noticeably, while multi-family houses became slightly cheaper. At the same time, transaction activity picked up sharply, in some segments even exceeding the levels seen during the boom years. These insights are based on the latest update of the German Real Estate Index (GREIX), a joint project of the local expert committees for property values (Gutachterausschüsse für Grundstückswerte (GAAs)), ECONtribute, and the Kiel Institute for the World Economy (Kiel Institute).

Kiel Institute Experts

  • Francisco Amaral
    Kiel Institute Fellow
  • Steffen Zetzmann
    Kiel Institute Researcher
  • Dr. Jonas Zdrzalek
    Kiel Institute Researcher

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