Germany Housing Market Activity
Last updated:
Source: ECB MIR monthly new housing loans and Eurostat table STS_COBP_M residential building permit dataset.
Source description: Monthly Germany housing market activity indicator based on a weighted combination of new mortgage lending and residential building permits, indexed to 2019 = 100.
Table ID: macro_economics/housing/de_housing_market_activity_monthly
This indicator tracks monthly housing market activity in Germany based on a composite measure combining new mortgage lending and residential building permits. Housing market developments are closely linked to demand for home-related products, making the series a useful indicator for furniture and home furnishings markets.
Market Context
The housing market is closely tied to broader economic conditions, interest rates, and household confidence. Changes in mortgage lending and building permits therefore provide an early signal of shifts in residential investment and construction activity, which in turn influences demand for furniture, kitchens, and other home-related goods. Related indicators include the Germany Consumer Confidence, which tracks consumer confidence in the market.
