INDEX Q1.2021

vdp property price index reaches new high of 175.3 points

The property price index published by the Association of German Pfandbrief Banks (vdp) reached a new record high of 175.3 points in the first quarter of 2021 (base year 2010 = 100 points). After analysing property transaction data from more than 700 credit institutions covering the German market as a whole, vdp announced that, compared to the first quarter of 2020, which was still largely unaffected by the pandemic, property prices increased by 6.2% overall.