The household expenditure on housing rentals in Germany was valued at 129.54 billion euros in 2023. From 2024 onwards, the expenditure is projected to increase steadily, reaching 131.7 billion euros in 2024, and continuing upwards to 140.51 billion euros by 2028. The year-on-year variation shows consistent growth rates of approximately 1.7% from 2024 to 2025, 1.65% from 2025 to 2026, 1.61% from 2026 to 2027, and 1.57% from 2027 to 2028. Over the five-year period from 2023 to 2028, the compound annual growth rate (CAGR) for household expenditure on housing rentals stands at about 1.65%.
Future trends to watch for:
- Potential changes in housing market policies and regulations could impact rental prices and demand.
- Macroeconomic factors such as inflation and income growth may influence household spending capacity.
- Urbanization trends and population shifts might affect rental demands in different regions.
- Technological advancements in smart homes and renewable energy solutions could change rental value propositions.
