Germany Housing Market Activity
Germany Housing Market Activity
Page URL: /indicators/macroeconomics/housing/germany-housing-market-activity/
Last updated: 2026-04-13
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 notable fluctuations since 2015, peaking at 133.6 in March 2022 before declining to a low of 54.3 in December 2023. Currently, the index sits at 79.3, which is below the historical average of 91.5 to 107.3 observed in the years leading up to 2022. Recent momentum suggests a slight improvement, with year-over-year changes of 7.5% over three months and 11.0% over six months, indicating potential stabilization after a period of significant decline.
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: 2026-04-13
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 notable fluctuations since 2015, peaking at 133.6 in March 2022 before declining to a low of 54.3 in December 2023. Currently, the index sits at 79.3, which is below the historical average of 91.5 to 107.3 observed in the years leading up to 2022. Recent momentum suggests a slight improvement, with year-over-year changes of 7.5% over three months and 11.0% over six months, indicating potential stabilization after a period of significant decline.
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.