Priced in assets

Frankfurt home value priced in VXUS

How many VXUS units equal the implied 60 m² new-build condominium value in Frankfurt am Main? The housing and asset observations cover the same calendar year.

The Frankfurt implied 60 m² new-build condominium value rose from €285,600 to €469,200. In VXUS terms, it moved from 7,015 units to 7,773 units—a 11% increase.
  • Implied 60 m² new-build condominium value at the published annual price per square metre
  • Frankfurt am Main
  • annual
  • 13 assets
Latest readingannual
VXUS units per implied 60 m² new-build condominium
7,773VXUS
Through 2025-12
Since 2016
+10.8%
Cost in VXUS
Home value
+64.3%
Full history
VXUS price
+48.2%
Full history
Frankfurt home value in VXUS
Data through 2025
6,0007,0008,0009,00010,00011,000201620182020202120232025
VXUS units per implied 60 m² new-build condominium
Frankfurt home value in VXUS: summary statistics (Max range)
SeriesFirstLatestMinMax
VXUS units per implied 60 m² new-build condominium7,0157,7736,91110,039
Asset source
VXUS
Housing value
€469,200
VXUS year average
€60
Data through
2025-12-31
Compare Frankfurt home growth with VXUS
01

How this is calculated

Formula
Home value in EUR ÷ VXUS year average in EUR

Housing 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.

02

Measure definition

Housingimplied-60sqm-new-build-condominiumFirst sales of new-build condominiumsFrankfurt am Main · Implied 60 m² new-build condominium value at the published annual price per square metre
AssetVXUSInternational ex-US ETF (VXUS)one share of VXUS · USD
03

Frequently asked questions

12 answers
What does Frankfurt home value priced in VXUS mean?

It is the published home-value measure for Frankfurt am Main divided by the aligned VXUS price. The result is the number of VXUS units equal to that home value.

Why can the VXUS units required fall while the home value rises?

The unit count falls when VXUS 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 VXUS 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 VXUS data come from?

Gutachterausschuss Frankfurt am Main supplies the housing series for Frankfurt am Main. The VXUS series uses VXUS 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 VXUS 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 VXUS comparison?

VXUS is quoted in USD and converted into EUR for each observation. The resulting home-in-VXUS 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. VXUS 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 VXUS as the asset series. State that the comparison runs through 2025-12-31 and uses annual aligned observations.

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