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German home prices edge up but pace slows

By Thomson Reuters Sep 24, 2026 | 2:16 AM

FRANKFURT, Sept 24 (Reuters) – German home prices rose slightly in ​the second quarter ‌of 2026, marking the seventh consecutive quarterly gain as the property sector ‌in ​Europe’s largest ⁠economy seeks stability ⁠after a deep recession, data showed on Thursday.

• The gain ​of 0.6% from a year earlier ⁠was the ⁠smallest rise since ​prices began increasing in ​late 2024.

• It follows a ‌downward revision for the first quarter, to a 1.2% ⁠increase compared with a preliminary 1.4% gain.

• Prices of ⁠homes ‌in the country’s ⁠biggest cities dropped.

• ​Higher ‌interest rates in ​the wake ⁠of the Iran war have damped demand for property.

(Reporting by Tom SimsEditing by Linda ​Pasquini)