Frankfurt home value priced in VTI
The Frankfurt implied 60 m² new-build condominium value rose from €285,600 to €469,200. In VTI terms, it moved from 2,949 units to 1,736 units—a 41% decline.
- Implied 60 m² new-build condominium value at the published annual price per square metre
- Frankfurt am Main
- annual
- 13 assets
- VTI units per implied 60 m² new-build condominium
- 1,736VTI
- Through 2025-12
- Since 2016
- -41.2%
- Cost in VTI
- Home value
- +64.3%
- Full history
- VTI price
- +179.2%
- Full history
| Series | First | Latest | Min | Max |
|---|---|---|---|---|
| VTI units per implied 60 m² new-build condominium | 2,949 | 1,736 | 1,736 | 3,161 |
How this is calculated
Home value in EUR ÷ VTI year average in EURHousing value as published for the calendar year; asset and FX prices are arithmetic means of their available daily closes in the same calendar year.
Use split-adjusted close for literal share counts; exclude cash-distribution adjustments.
Measure definition
Frequently asked questions
12 answersWhat does Frankfurt home value priced in VTI mean?
It is the published home-value measure for Frankfurt am Main divided by the aligned VTI price. The result is the number of VTI units equal to that home value.
Why can the VTI units required fall while the home value rises?
The unit count falls when VTI appreciates faster than the local home-value measure. The two local-currency values can both rise while their ratio declines.
How are the housing and asset observations aligned?
Both inputs use the same calendar year. A page includes only periods with both a housing observation and a valid asset price.
Does the VTI series include reinvested income?
No. The calculation uses the documented price series for literal asset units and excludes dividend-reinvested total returns.
Where do the Frankfurt housing and VTI data come from?
Gutachterausschuss Frankfurt am Main supplies the housing series for Frankfurt am Main. The VTI series uses VTI from the asset source linked beside the chart. Both inputs are converted to EUR where required before the ratio is calculated.
How many observations are included?
10 aligned observations are shown from 2016-12-31 through 2025-12-31. All are marked complete.
Can the latest reading change after publication?
Yes. Use the latest official market report and correction notices. The report's new-build definition changes from the 2017 observation onward. The page was derived from housing data fetched on 2026-08-23, and later source revisions can change the result.
What should I conclude from a falling asset-unit cost?
It means VTI appreciated faster than the published Frankfurt home-value measure over that interval. It is a relative-price observation, not a claim about affordability, transaction costs, causality, or future performance.
How do currency moves affect the VTI comparison?
VTI is quoted in USD and converted into EUR for each observation. The resulting home-in-VTI ratio can therefore reflect both the asset-price move and the exchange-rate move.
Why might the housing observation lag or look smoother than the market price?
Gutachterausschuss Frankfurt am Main publishes a annual housing measure based on its own collection and revision process. VTI market prices update more frequently, so the aligned chart can still show a smoother or slower-moving housing series.
Can this ratio be used as a portfolio performance benchmark?
Not on its own. It is a descriptive relative-price series, not a total-return or risk-adjusted benchmark. It excludes income, costs, financing, liquidity, volatility, and investability constraints.
How should I cite this observation?
Cite the PIER20 page and access date, then identify Gutachterausschuss Frankfurt am Main as the housing source and VTI as the asset series. State that the comparison runs through 2025-12-31 and uses annual aligned observations.