Germany Housing Market Activity
Germany Housing Market Activity
Page URL: /indicators/macroeconomics/housing/germany-housing-market-activity/
Last updated: 2026-04-06
Table ID: macro_economics/housing/de_housing_market_activity_monthly
Source: ECB MIR monthly new housing loans and Eurostat table STS_COBP_M residential building permit dataset.
Source description: Monthly Germany housing market activity indicator based on a weighted combination of new mortgage lending and residential building permits, indexed to 2019 = 100.
Trend summary: The Germany housing market activity indicator has experienced significant fluctuations since 2015, peaking at 133.6 in March 2022 before declining to a trough of 54.3 by December 2023. Currently, the index stands at 79.3, suggesting a stabilization phase that is below the historical average, particularly when compared to the 2019 baseline of 100. Recent momentum indicators show a year-over-year increase of 1.1% for the year-to-date, alongside stronger gains of 7.5%, 11.0%, and 16.4% over the past three, six, and twelve months, respectively, indicating a potential recovery trend.
Latest observation: 2026-01-01 — 79.28
| date | value | is_preliminary |
|---|---|---|
| 2025-02-01 | 76.13 | False |
| 2025-03-01 | 85.69 | False |
| 2025-04-01 | 83.02 | False |
| 2025-05-01 | 76.22 | False |
| 2025-06-01 | 76.19 | False |
| 2025-07-01 | 87.36 | False |
| 2025-08-01 | 74.7 | False |
| 2025-09-01 | 79.27 | False |
| 2025-10-01 | 79.46 | False |
| 2025-11-01 | 79.2 | False |
| 2025-12-01 | 78.4 | False |
| 2026-01-01 | 79.28 | False |
Generated from: https://data.furnilytics.com/housing_market_de.json
This indicator tracks monthly housing market activity in Germany based on a composite measure combining new mortgage lending and residential building permits. Housing market developments are closely linked to demand for home-related products, making the series a useful indicator for furniture and home furnishings markets.
Market Context
The housing market is closely tied to broader economic conditions, interest rates, and household confidence. Changes in mortgage lending and building permits therefore provide an early signal of shifts in residential investment and construction activity, which in turn influences demand for furniture, kitchens, and other home-related goods. Related indicators include the Germany Consumer Confidence, which tracks consumer confidence in the market.
Trend Overview
Germany Housing Market Activity
Germany Housing Market Activity
Page URL: /indicators/macroeconomics/housing/germany-housing-market-activity/
Last updated: 2026-04-06
Table ID: macro_economics/housing/de_housing_market_activity_monthly
Source: ECB MIR monthly new housing loans and Eurostat table STS_COBP_M residential building permit dataset.
Source description: Monthly Germany housing market activity indicator based on a weighted combination of new mortgage lending and residential building permits, indexed to 2019 = 100.
Trend summary: The Germany housing market activity indicator has experienced significant fluctuations since 2015, peaking at 133.6 in March 2022 before declining to a trough of 54.3 by December 2023. Currently, the index stands at 79.3, suggesting a stabilization phase that is below the historical average, particularly when compared to the 2019 baseline of 100. Recent momentum indicators show a year-over-year increase of 1.1% for the year-to-date, alongside stronger gains of 7.5%, 11.0%, and 16.4% over the past three, six, and twelve months, respectively, indicating a potential recovery trend.
Latest observation: 2026-01-01 — 79.28
| date | value | is_preliminary |
|---|---|---|
| 2025-02-01 | 76.13 | False |
| 2025-03-01 | 85.69 | False |
| 2025-04-01 | 83.02 | False |
| 2025-05-01 | 76.22 | False |
| 2025-06-01 | 76.19 | False |
| 2025-07-01 | 87.36 | False |
| 2025-08-01 | 74.7 | False |
| 2025-09-01 | 79.27 | False |
| 2025-10-01 | 79.46 | False |
| 2025-11-01 | 79.2 | False |
| 2025-12-01 | 78.4 | False |
| 2026-01-01 | 79.28 | False |
Generated from: https://data.furnilytics.com/housing_market_de.json
This indicator tracks monthly housing market activity in Germany based on a composite measure combining new mortgage lending and residential building permits. Housing market developments are closely linked to demand for home-related products, making the series a useful indicator for furniture and home furnishings markets.
Market Context
The housing market is closely tied to broader economic conditions, interest rates, and household confidence. Changes in mortgage lending and building permits therefore provide an early signal of shifts in residential investment and construction activity, which in turn influences demand for furniture, kitchens, and other home-related goods. Related indicators include the Germany Consumer Confidence, which tracks consumer confidence in the market.