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    Home > Headlines > German commercial property prices drop 5.4% in 2024 in 4th year of declines
    Headlines

    German commercial property prices drop 5.4% in 2024 in 4th year of declines

    Published by Global Banking & Finance Review®

    Posted on February 10, 2025

    1 min read

    Last updated: January 26, 2026

    This image illustrates the 5.4% drop in German commercial property prices in 2024, marking four consecutive years of decline. It highlights the challenges facing the real estate sector, as discussed in the article.
    Graph depicting the decline of German commercial property prices in 2024 - Global Banking & Finance Review
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    Quick Summary

    German commercial property prices fell 5.4% in 2024, marking a fourth year of decline but showing signs of stabilization, according to VDP.

    German Commercial Property Prices Decline 5.4% in 2024

    FRANKFURT (Reuters) - German commercial property prices fell 5.4% in 2024, a fourth consecutive year of declines, but showed some signs of stabilisation, the VDP banking association said on Monday, as the country's real estate sector tries to shake off its worst crisis in decades.

    The drop was smaller than the 10.2% fall in 2023 after prices rose 0.5% in the fourth quarter of last year - their first quarterly increase since the first half of 2022.

    (Reporting by Tom Sims, Editing by Miranda Murray)

    Key Takeaways

    • •German commercial property prices fell 5.4% in 2024.
    • •This marks the fourth consecutive year of price declines.
    • •The decline was smaller than the 10.2% fall in 2023.
    • •Prices rose 0.5% in the fourth quarter of 2023.
    • •The real estate sector shows signs of stabilization.

    Frequently Asked Questions about German commercial property prices drop 5.4% in 2024 in 4th year of declines

    1What is the main topic?

    The main topic is the decline of German commercial property prices by 5.4% in 2024, marking a fourth consecutive year of declines.

    2How did property prices change in 2023?

    In 2023, German commercial property prices fell by 10.2%, a larger decline compared to 2024.

    3Are there signs of stabilization in the market?

    Yes, there are signs of stabilization as prices rose by 0.5% in the fourth quarter of 2023.

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