Key facts
- German home prices rose 0.6% year-on-year in the second quarter of 2026.
- This was the seventh consecutive quarterly gain.
- The pace of increase was the slowest since prices began rising in late 2024.
- Prices in Germany's biggest cities declined.
- Higher interest rates, influenced by the Iran war, have reduced property demand.
German home prices increased by 0.6% in the second quarter of 2026 compared to a year earlier, marking the seventh consecutive quarterly rise. However, this gain represents the slowest pace of increase since prices began to climb in late 2024. The first quarter's increase was revised downward to 1.2% from a preliminary 1.4%.