15.11.2017 - Studies

Q3-2017: Another record high

by Philipp Immenkötter


At the end of the third quarter of 2017, the price of assets held by German households rose by 8.7% year-on-year. The inflation rate even exceeds the most recent all-time high from Q2-2017.

The price growth rate is driven by operating assets (+22.9% compared to the same quarter of the previous year) and equities (+13.0%) as well as the new record price increase for real estate (+7.7%).

The wealthiest households and persons before retirement age benefit the most from rising asset prices, as they have the largest proportion of business assets and large real estate assets.

Please note: This study is available in German only.