INDEX Q3.2020

vdp property price index increases by 6.1% to new high

The property price index published by the Association of German Pfandbrief Banks (vdp) increased to a new record high of 169.6 points in the third quarter of 2020 (base year 2010 = 100 points). Year on year, the index, which is calculated for the German market as a whole based on real transaction data, rose 6.1%. Compared with the first quarter of 2020, which was largely unaffected by the Covid-19 pandemic, the index increased by 2.7%, reflecting the continuing positive trend in residential property prices.