RIWIS Online - About the Data - Definitions and Additional Information
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 City Selection

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Definitions A-Z
 General Definitions

 Admin. Reform
   Western Pomerania

 Building Activity, Com.
 Building Activity, Res.
 Commercial Rents
 Completion Resi Type
 Family Homes
 Gross Domestic Product
 Gross Value Added
 Households (BBR 2005)
 Households (BBSR 2012)
 Multiplex Cinemas
 o/o Apartments
 Office Employment
 Office Rents
 Office Space
 Population Change
 Population Forecast
 Purchasing Power
 Registered Transactions
 Residential Rents
 Residential Stock
 Retail Rents
 Shopping Centre
 SVP Employment
 Terrace Houses

Owner-Occupied Apartments

Price for Owner-Occupied Apartments
There are two types of prices published for o/o apartments, firstly minimum, maximum and average prices for newly build apartments or completely refurbished, modernised apartments. Secondly minimum, maximum and average prices for existing apartments.Prices given are nominal values.
Prices shown are net prices (Euro/sqm) without accessory charges, and don't take incentives or other benefits into account.
To make prices comparable they describe typical prices for a 3 room (2 bedroom) apartment with 65-95 sqm living space and average fittings. Therefore minimum and maximum prices describe a range based mainly on differences regarding location.

The Maximum is defined as an average of the top 3-5 % of all sales in each submarket, and not the most top price realised. The Average is an weighted average value of all prices within a submarket.

All average values are not strict mathematical means, modes or medians, but rather describe a typical, common rent level for each submarket.

Land for Multifamily Houses
Prices for land for multifamily houses are in Euro/sqm. In order to be able to compare prices (developed land) a GFZ (Geschoßflächenzahl) of ca. 0.8 is supposed. The range shown is therefore mainly based on location, split in good locations, average locations and locations below average.

Locations Below Average are usually less desired, less central locations lacking infrastructure regarding retail supply as well as public transport and social or cultural infrastructure. Mostly these locations are relatively close to industrial sites or lack parks and greens in their neighbourhood.
Average Locations are defined as locations without significant disadvantages (applying for 'locations below average') or advantages (applying for 'good locations').
Good Locations often can be described as desired, inner-city locations, with mostly historic structures, and modernised stock, central gentrified areas as well as areas at the fringe of a city with garden city character or areas with a positive image and good infrastructure.

annual values

The Residential Market Data is based on empirical research and data collection performed by bulwiengesa AG.
In order to acquire the relevant base of information numerous real estate agents, banks, building associations, local economic development agencies and other semi-public and public organisations (IHK, Gutachterausschuss, ...) are interviewed. Additionally various press-releases and publications concerning the property market are analysed and taken into account.Based on this information and on the knowledge of bulwiengesa AG each value will be checked on plausibility and finally results in the value published in RIWIS.