Transaction price for the purchase of new housing units in German cities 2016-2022
The average transaction price for the purchase of new residential properties increased in the main cities in Germany between 2016 and 2022, with the exception of Frankfurt where it declined. By 2022, Munich had the highest average transaction price for new dwellings of approximately 11,400 euros per square meter. Frankfurt ranked second with an average transaction price of 8,000 euros per square meter, followed by Hamburg and Berlin.
