Market Analysis
Official statistics on Berlin's housing market
Berlin's housing stock grows by 6,177 units to 1.88 million in 2013
The statistics office reports: At end of 2013, Berlin had 1,883,161 apartments. The increase of 6,177 units trails behind demand. Pankow and Mitte lead the borough ranking.
Peter Guthmann
The Statistical Office of Berlin-Brandenburg has published new figures on housing stock. As of December 31, 2013, Berlin had 1,883,161 apartments, an increase of 6,177 over the previous year. These are spread across 316,047 buildings. More than half are one and two family houses, around one percent are dormitories, and 1.5 percent of apartments in Berlin are located in non residential buildings such as converted commercial units.
Pankow and Mitte in the lead
In the borough ranking by housing stock, Pankow is in first place, followed by Mitte and Charlottenburg-Wilmersdorf. The smallest stock is found in Spandau and Reinickendorf. Most new apartments in 2013 were also built in Pankow and Mitte, where numerous new development projects and infill construction are being realized.
Tempelhof-Schoeneberg stagnates
Tempelhof-Schoeneberg was the only borough to record no growth in housing stock in 2013. The number remained flat. For investors, this may indicate a saturated market, but also untapped potential if buildable land is mobilized.
Modest growth amid strong population influx
The net addition of around 6,200 apartments is low given ongoing population growth. New construction is not keeping pace with demand, which maintains pressure on rental and purchase prices. The current market development makes this clear: a slowly growing supply faces high and still rising demand. For owners, this means stable values and good rental prospects. For investors, the borough level data highlights where construction is happening and where development potential remains.