🇩🇪 Hamburg

Hamburg is showing overheating signals with a bubble score of 69/100. While not yet in bubble territory, the price-to-income ratio of 11.9x warrants caution for buyers and investors.

What the Bubble Score Means

The bubble score (0–100) aggregates price-to-income ratio, year-on-year price changes, affordability metrics, and macroeconomic indicators. Scores above 75 indicate bubble territory, 60–74 overheating, 45–59 warming, and below 45 a healthy market.