The German Real Estate Finance Index (Deutscher Immobilien-Finanzierungsindex(DIFI)-Report) is based on a quarterly survey conducted by the ZEW. In the first part of the survey, experts in the market for real estate finance are asked about their forecast and expectations about the financing conditions in the office, retail, logistics and residential real estate market and about the re-financing conditions. The Index is calculated based on the experts expectations about the market sectors. A second part of the survey asks for current topics in the real estate market.

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German Real Estate Finance Index (DIFI Report) Second Quarter 2022


  • Assessments of current situation and outlook for financing deteriorate significantly
  • Pessimism affects all use types
  • Significant deterioration in sentiment in the refinancing markets
  • Further deterioration in financing conditions for residential real estate

More issues in 2022