Real estate price development: bulwiengesa real estate index 2023

The annual bulwiengesa Real Estate Index will show real estate price trends in Germany for the 47th time in 2023. The bulwiengesa real estate index has shown a growth rate for 18 years. In 2023, the nominal increase in the overall index is 4.4 % and thus continues to represent an above-average growth rate despite a slight decline. At 5.2%, the sub-index for residential real estate is also below the previous year's growth rate (2022: 5.8%). By contrast, the sub-index for commercial properties rose by 2.7 %. At -3.5 percentage points, the difference between the real estate index and the inflation rate is negative again for the first time since 2008.