Year-on-year percentage change (real and inflation-adjusted) in the actual rent paid for housing in Germany from 2011 to 2023

In Germany, rents paid for housing have increased year-on-year between 2011 and 2023. Nevertheless, the inflation-adjusted change was lower than the nominal growth, suggesting that the actual increase in rental prices is smaller when considering the impact of inflation. In 2023, the nominal increase in rents paid for housing amounted to **** percent, while the real change (adjusted for inflation) was recorded at a negative **** percent.