A step ahead of the market

The Deutsche Hypo Real Estate Economic Index is a seismographic instrument that identifies economic turning points in the real estate market at an early stage, provides important information for strategic economic action and enables future market developments to be evaluated.

△ 4,6 %
September96,5
August92,2
△ 6,1 %
September93,8
August88,4
△ 3,3 %
September99,2
August96,0
△ 2,9 %
September147,5
August143,4
△ 10,9 %
September79,1
August71,3
△ -7,0 %
September102,7
August110,4
△ 5,4 %
September86,2
August81,8
△ 2,0 %
September108,5
August106,3

Next survey:

13.10. - 17.10.2025Next dates

Current Market Report: September 2025

Spätsommerlicher Anstieg beim Immobilienklima

Liebe Leserin, lieber Leser,

 

zum Ende des Sommers zeigt sich eine positive Wende beim Immobilienklima. In nahezu allen Assetklassen verzeichnen wir eine erfreuliche Entwicklung, mit Ausnahme des traditionell robusten Logistiksegments. Vor dem Hintergrund des dynamischen Transaktionsgeschehens und der positiven Impulse aus dem Infrastrukturpaket sind wir zuversichtlich, dass sich das Logistikklima bald wieder erholen wird.

Zusätzlich beobachten wir eine leicht steigende Anzahl an Finanzierungsanfragen, die sich bei stabilisierten Marktwerten auf einem niedrigen Niveau bewegen. Dies deutet darauf hin, dass Investoren wieder Vertrauen in den Markt gewinnen und bereit sind, neue Projekte zu finanzieren.

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Goals & Methodology

Context and Conception

The Deutsche Hypo Real Estate Economy Index provides a macroeconomic analysis of the German real estate industry. And this on a monthly basis.

But this was not always the case. As one of the most important branches of the economy, the real estate sector has long lacked an economic sector analysis that enables a holistic view of all real estate segments. This information gap has been closing bulwiengesa since January 2008, and Deutsche Hypo has been publishing the Real Estate Economy Index since 2012 as an early indicator of economic turning points.

On this page you will find answers to questions about objectives and methodology.

Methodology

Archive

That is how it was then

Since 2008, the Deutsche Hypo Real Estate Economy Index has been supporting market players in strategic decision-making. Introduced in the midst of the past financial crisis, the Deutsche Hypo Index has in the meantime developed into a benchmark indicator and has since then documented the German real estate cycles and their turning points.

If the current market report is not sufficient, a look back at the archive can satisfy the need for information.

The archive makes it possible to browse through all parts of the current reporting in the depth of information and in the time periods that are currently required. The results can be exported and used in many ways.

Archive