The Bavarian real estate market showed overall stability during the first half of 2026. Compared to the same period last year, real estate sales rose by approximately 6%. However, the two quarters followed very different trajectories," said Prof. Stephan Kippes, Head of the IVD Market Research Institute. "While market sentiment was significantly more positive at the start of the year and the real estate market’s recovery continued, the second quarter was heavily influenced by the consequences of the Iran war. Sharply rising energy costs and growing uncertainty regarding future economic trends weighed on market activity, leading to a noticeable slowdown in the momentum previously observed."
At the beginning of the year, real estate sales in Bavaria built upon the previous year's positive trend, continuing the upward movement observed since the third quarter of 2025. However, the second quarter of 2026 was significantly impacted by the consequences of the Iran war. The market revival that had previously taken hold—reflected in rising sales figures—lost noticeable momentum. Compared to the previous quarter, real estate sales fell by around 5% in the second quarter of 2026. Nevertheless, the market performance remained positive when viewed over the six-month period: total transaction volume reached €28.3 billion in the first half of 2026, representing an increase of approximately 6% compared to the same period the previous year.
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Press Release 78 – Real Estate Sales in Bavaria Up 6% in First Half of 2026 – IVD Süd e.V.
