Cologne experienced the highest increase at 7.9%, followed by Hamburg at 5.5% and Leipzig at 5.4%. In contrast, Frankfurt and Berlin saw more moderate rises of 2.9% and 1.0%, respectively. The study also reported a nationwide decline in rental listings, with nearly 12% fewer apartments available. Notably, Hamburg’s rental offerings decreased by 57%, while Frankfurt and Leipzig reported reductions of 43% and 40%, respectively. Additionally, the study highlighted a 0.8% increase in the prices of residential properties, with a significant rise in available listings since the interest rate changes in early 2022, despite higher financing costs hindering potential buyers.