Germany

GermanyPrice/income

DE desk: Germany first; euro area, France, Italy, United Kingdom and United States alongside.

104.5

+0.1 (+0.1%)

As of 2026 Q1 | index

Latest
104.5 2026 Q1
Previous
104.4 2025 Q4
Min
92.1 2010 Q4
Max
180.5 1981 Q2
PeriodValue
2026 Q1104.5
2025 Q4104.4
2025 Q3105.0
2025 Q2105.7
2025 Q1106.4
2024 Q4104.8
2024 Q3104.6
2024 Q2105.0
2024 Q1105.4
2023 Q4107.8
2023 Q3109.8
2023 Q2111.6
2023 Q1116.7
2022 Q4121.1
2022 Q3128.3
2022 Q2131.8
2022 Q1133.0
2021 Q4133.8
2021 Q3134.6
2021 Q2129.0
2021 Q1126.3
2020 Q4123.6
2020 Q3121.6
2020 Q2122.1
#CountryPrice/incomeChangePeriod
2Netherlands135.5−0.1 (−0.1%)2025-12
5Switzerland127.7+0.6 (+0.5%)2026-036United States125.6−1.2 (−0.9%)2026-0323Germany104.5+0.1 (+0.1%)2026-0324United Kingdom104.1−1.3 (−1.3%)2024-1229France93.6−0.2 (−0.2%)2026-0333Italy89.1−0.2 (−0.2%)2026-03

What the price-to-income ratio is

The OECD price-to-income ratio compares nominal house prices with household disposable income. A higher reading means prices have outpaced incomes relative to the index history. Latest: 104.5 in 2026 Q1.

This is an affordability ratio, not a mortgage rate and not a typical purchase price. From 1980 Q1 to 2026 Q1 (185 quarters): latest 104.5 (2026 Q1), previous 104.4 (2025 Q4); low 92.1 (2010 Q4), high 180.5 (1981 Q2).

Source: OECD Analytical House Prices. Licence: OECD data; attribution required (terms).