15.08.2016 - Studies

Q2-2016: Real estate prices at record high

by Philipp Immenkötter


After a moderate start to the year, asset prices rose by 4.2% year-on-year in Germany at the end of the second quarter of 2016. While tangible assets rose by 5.7%, financial assets fell by 2.0%.

In particular, real estate prices contribute to asset price inflation. They rose by +6.9% year-on-year. This is even higher than the previous record value set in the first quarter of 2016.

The downward trend on the stock markets is reflected in a price decline of 12.0 %. By contrast, bonds and other financial assets gained +2.9 % each in the second quarter - the first price increase since the middle of last year.

The divergence in asset price trends is less pronounced than in previous years, both in terms of age and net wealth.

Please note: This study is available in German only.