German Real Estate Index (GREIX): Tracking Changes in the Value of Residential Real Estate in German Cities


High rents, gentrification and lack of housing construction: affordable housing has been scarce in Germany for years. The COVID-19 pandemic, historically high inflation and rising interest rates are increasing fear of a growing housing crisis. From mid-2022, real estate prices collapsed by up to 20 per cent when adjusted for inflation. How did it get this far? How have real estate prices in Germany developed over the past 60 years? And what conclusions can be drawn for the future? The German Real Estate Price Index (GREIX), developed by economists from the Cluster of Excellence ECONtribute and the University of Bonn, provides answers and establishes novel standards for the analysis of German real estate markets based on cutting-edge data.

The German Real Estate Index (GREIX) is available via:

Please find further info and detailled results here.

Please find the study here.


Prof. Dr. Moritz Schularick

ECONtribute, Universität Bonn