Number of the month

48 percent

 

According to the Federal Statistical Office, almost every second household in Germany owns a property. Single-family homes are the most common form of ownership. At the beginning of 2018, 31 percent of private households owned a house. Fourteen percent of German households owned apartments, and five percent owned a two-family house.

Four percent owned undeveloped land, and another four percent owned other buildings. Two percent of private households in Germany owned multi-family homes. Multiple responses were possible. However, it's not just the figures in this statistic that are interesting, but also the fact that the more people living in a household, the greater the likelihood that one of them owns property. For households with at least four members, the homeownership rate rises to 71 percent.

 

Photo: © photographee.eu/Depositphotos.com

About the author

Harry Mohr

Certified Real Estate Economist (EIA)

Harry Mohr, author of this article

Harry Mohr

Certified Real Estate Economist (EIA)

 

Harry Mohr holds a degree in real estate management (EIA) and is the owner of Immobilien Kontor Saarlouis (IKS). As a DEKRA-certified real estate appraiser and certified property manager, he provides his clients and colleagues with sound expertise in all areas of real estate marketing, valuation, and management.