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Policy Article

GREIX – Significant Price Differences within Cities

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

The purchase prices for apartments in German cities vary significantly between the neighborhoods. Especially expensive are the city centers, where the price per square meter can be up to twice as high compared to peripheral or unpopular neighborhoods. However, the wide range of prices also means that practically all major German cities still offer relatively affordable locations for buyers. The exception is Munich, where the cheapest neighborhood is more expensive than the most expensive neighborhood of all other major cities.

Kiel Institute Experts

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

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Research Center

  • Macroeconomics