Policy Article
GREIX Sales Price Index Neighborhoods 2025: Price gaps between central and peripheral neighborhoods are widening again
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Germany
Real Estate Market
Residential real estate prices within Germany's major cities are diverging again. After prices in central locations had fallen more sharply in previous years, they rose more strongly in 2025 than prices in outlying districts. The 2025 data therefore point to a return to the patterns of the previous market cycle: during upswings, prices in central areas tend to rise more strongly than in peripheral districts. These insights are based on the latest update of the GREIX Sales Price Index, a joint project of the local expert committees for property values and the Kiel Institute for the World Economy (Kiel Institute).