In Munich, the purchase prices are € 10,429 /m², rents are € 18.78 /m², both of which are top values. This is followed by Frankfurt (€ 7,898 /m²), Stuttgart (€ 7,711 /m²), Düsseldorf (€ 6,965 /m²), Hamburg (€ 6,897 /m²), Freiburg (€ 6,813 /m²) and Berlin (€ 6,399 /m²). All new construction purchase indices have increased more strongly in the rural districts than in the cities. In Q2, newly built houses were 4.0% more expensive in the districts than in the previous quarter, the strongest increase of all sub-indices. The rent increase remained below the inflation rate by +1.1% for the second quarter in a row. After Munich, Frankfurt (€ 15.85 /m²), Stuttgart (€ 14.62 /m²) and Berlin (€ 14.14 /m²) have the highest rents for new constructions, in Stuttgart they have even declined compared to the first quarter (from €14.74 / m²).
Source: Empirica/Thomas Daily