Our figure of the month 04/2021: Housing in eastern Germany is be-coming more and more expensive


The purchase price development for single-family houses1 in the eastern German states has been positive in the past five years and was clearly above the national average with an annual growth rate of 6.5% p.a. weighted by the number of inhabitants. Only Thuringia and Mecklenburg-Western Pomerania are below the average with price developments of 4.7% p.a. and 5.7% p.a. respectively. Saxony-Anhalt recorded the strongest price increase nationwide with 9.6% p.a., followed by Saxony with 9.5% p.a. (see figure). The price trends for condominiums2 in these two federal states are similar, both being well above average.

New reports or discussion paper, ongoing projects and the latest developments – find out about GWS news here