Residential Market Germany — Figures Compared by Source
What 13 research houses currently report on the residential market in Germany — rents, yields, vacancy and investment volume side by side, rather than scattered across separate reports. Where the figures disagree it is usually a matter of differing definitions, so they are shown per source and never averaged. Rent, yield and vacancy figures cover Q2–Q3 2026, plus full-year and forward-looking figures where sources publish them; older figures are not shown.
Rents — Residential, Germany
| Source | Type | Value | Period | Quoted from report |
|---|---|---|---|---|
| Aengevelt Research | Average | 14.08 EUR/m²/month | Q2 2026 | im Neubau um 3,4 % auf EUR 14,08/m² |
| ImmoScout24 WohnBarometer | Average | 8.97 EUR/m²/month | Q2 2026 | steigen deutschlandweit im zweiten Quartal um 0,6 Prozent auf 8,97 Euro pro Quadratmeter. |
Range across all sources: 8.97 to 14.08 EUR/m²/month.
Yields — Residential, Germany
| Source | Type | Value | Period | Quoted from report |
|---|---|---|---|---|
| Angermann Publikationen | Net initial | 3.65 % | H1 2026 | Wohnen (MFH) 3,65 % |
| C&W DE Insights | Prime | 3.8 % | Q3 2026 | Prime yield remains stable at 3.80% despite higher financing costs. |
| C&W Residential MarketBeat Germany | Prime | 3.81 % | Q2 2026 | The Top-7 average for multifamily housing continued to stand at 3.81% |
| Colliers International DE | Prime | 4.1 % | H1 2026 | For newer existing properties, the prime yield at mid-year stood at 4.10%, in the top seven cities |
| Colliers DE Blog | Gross | 4.25 % | Q3 2026 | Die Spitzenrenditen für junge Bestandsobjekte in den Top 7 Städten stiegen im dritten Quartal nochmals leicht auf 4,25 % an |
| CBRE IM | Prime | 3.4 % | FY 2026 | residential prime yields remain around 3.4% |
Range across all sources: 3.65 to 4.25 %. The gap is mostly a matter of differing definitions (Gross, Net initial, Prime), so these values are not directly comparable.
Rows with a period after Q3 2026 (e.g. FY 2026) are full-year or forward-looking figures as reported by the source. They are listed below the quarterly values and left out of the range.
Investment Volume — Residential, Germany
| Source | Type | Value | Period | Quoted from report |
|---|---|---|---|---|
| Colliers DE Blog | — | 6.1 EUR bn | FY 2026 | Auf das institutionelle Wohnsegment ab zehn Wohneinheiten entfielen rund 6,1 Mrd. € |
| BNP Paribas RE Marktberichte | — | 5.93 EUR bn | Q3 2026 | Investitionsvolumen von 5,9 Mrd. € in Wohnungsportfolios ab 30 Einheiten |
| JLL DE Insights (EN) | — | 5.8 EUR bn | H1 2026 | In aggregate, the living sector accounted for €5.8 billion, representing a 33 percent share of total volume. |
| C&W DE Insights | — | 5.75 EUR bn | FY 2026 | contributed €5.75 billion to the overall transaction volume |
| C&W Residential MarketBeat Germany | — | 4.1 EUR bn | H1 2026 | recorded a transaction volume of €4.1 bn, representing a 6% increase yoy |
| CBRE DE Marktberichte (EN) | — | 3.6 EUR bn | H1 2026 | At around €3.6bn, transaction volume was some 10% below the previous year |
| Colliers International DE | — | 2.6 EUR bn | Q3 2026 | thereof Residential (from 10 Housing Units) €2.6bn -3.4% |
| JLL DE Market Dynamics (EN) | — | 2.6 EUR bn | Q2 2026 | Germany's residential investment market reached €2.6 billion in Q2 2026, an increase of +57.7% from the previous quarter and +26.4% year-over-year. |
| CBRE Deutschland | — | 2.2 EUR bn | FY 2025 | EH-55-Förderprogramm des Bundes hat seit Dezember 2025 mit einem Volumen von über 2,2 Mrd. Euro für rund 23.400 Wohneinheiten |
Range across all sources: 2.2 to 6.1 EUR bn.
Transactions — Residential, Germany
| Source | Type | Value | Period | Quoted from report |
|---|---|---|---|---|
| Colliers International DE | — | 250 EUR mn | Q2 2026 | Multifamiliy pf., Patrizia (S), AEW (B) (ca. 350 units/€ 250 m) |
| C&W Residential MarketBeat Germany | — | 100 EUR mn | Q2 2026 | a residential portfolio comprising more than 300 residential units by AEW from PATRIZIA for slightly above €100 m |
Range across all sources: 100 to 250 EUR mn.
Underlying market reports
Every figure on this page comes from one of the published market reports below, and is shown with the sentence it was taken from.
- Germany at an Inflection Point: Liquidity, Pricing and Selective Opportunity
- German Real Estate Investment Market – Slower Growth in Transaction Volumes After the First Nine Months
- City Survey Q3 2026
- WOHN-INVESTMENTMARKT DEUTSCHLAND Q3 2026
- Germany Portfolio Investment Q3 2026
- Portfolio Transactions Shape Third Quarter Residential Investment Market
- WOHN-INVESTMENTMARKT DEUTSCHLAND Q2 2026
- Germany: Portfolio Investment Q2 2026
- Strong increase in residential property investment activity in the second quarter
- Aengevelt berechnet geringe bundesweite Entlastung des Wohnungsmarkts.
- Report H1 2026: Analyse der Assetklassen auf dem deutschen Immobilienmarkt
- H1 2026 H1 2026 Die Jahre 2021/2022 markieren eine der tiefgreifendsten Marktanpassungen des deutschen Wohn-Investmentma
- Germany Residential Market Q2 2026
- City Survey Q2 2026 | Germany
- RESIDENTIAL MARKETBEAT GERMANY - INVESTMENT Q2 2026
- ImmoScout24 WohnBarometer — 2026-07
- Investment Market Overview Q2 2026
- Housing Market Monitor — Q2 2026
- RESIDENTIAL MARKETBEAT GERMANY - INVESTMENT Q1 2026
- WOHN-INVESTMENTMARKT DEUTSCHLAND Q4 2025
- RESIDENTIAL REPORT DEUTSCHLAND H2 2025
- Germany: Portfolio Investment Q1 2026
- Germany Residential MarketBeat Q4 2025
- Colliers legt umfassende Jahresanalyse zum deutschen Wohnungsmarkt vor — Q3 2026
- Bezahlbares Wohnen als resiliente Assetklasse