Residential real estate price change in Hamburg Germany 2023, by property type
Prices in Hamburg, Germany, increased for both newly built and existing apartments in 2023. In the fourth quarter of 2023, newly built apartments sold 3.9 percent higher than the same period in 2022. Conversely, prices for newly built houses declined by 3.8 percent. In Germany's top five markets, newly built houses experienced the highest price growth.