Germans are not only more environmentally aware, they are also under increasing cost pressure. This is the result of the study "Ecological sustainability as a driver of the transformation of housing in Germany", which was conducted by the Technical University of Darmstadt in cooperation with the real estate loan broker baufi24.de. Among other things, the researchers...
In 2022, there was less trading in residential portfolios and apartments than during the financial crisis in 2009 and 2010. This was recently announced by the Federal Institute for Research on Building, Urban Affairs and Spatial Development (BBSR). According to the BBSR, only twelve portfolios with at least 800 rental apartments changed hands in 2022 and only 38,400 residential units in total. This is based on an evaluation of a corresponding database on...
Paying high rents and repaying loans is a burden for more and more Germans. As a result, 12 percent of 12,000 respondents are planning to move for financial reasons. These are the findings of a joint analysis by the ifo Institute and Immowelt. The respondents could theoretically save costs, for example, by moving from the usually expensive city to the often cheaper...
The Cologne Institute for Economic Research (IW Köln) has found out more about the "New challenges for home ownership" on behalf of Deutsche Reihenhaus AG. One of the findings of the study was that fewer and fewer Germans are able to afford home ownership. While a couple with a net income of 3,730 euros (median income household) was able to afford...
Between 2015 and 2021, wages rose faster than rents on average across Germany. This is according to the study on the "Affordability of Rents" by the Haus und Grund association. According to the study, the median wages of full-time employees subject to social security contributions rose by 14.2% to €3,525 during the period in question. In the same period, existing rents rose by 7.3 percent to 7.32...
The asking prices for new-build and renovated older properties in Germany remain at a constant level. This is according to figures published by immobilienscout24.de. Prospective buyers currently have to pay an average of around EUR 5,200 per square meter for a renovated older property built between 1900 and 1949. For newer properties that were built in 2014 or later, the...
What does the future hold for city centers? This question is explored by several experts in the "cima.monitor Germany City Center Study 2022". One of the findings is that a significant proportion of people will no longer return to city centers for shopping under current conditions. According to the study, small towns are particularly affected by this development...
Banks are becoming more cautious when granting loans to house builders. This development is predicted by the auditing and consulting organization EY based on a recent analysis. "The tide has turned on the real estate market: The sharp rise in interest rates is curbing demand for real estate loans, and properties whose prices are set to rise by 35 percent between Q1 2019 and mid-2022 appear...
Wolfsburg, Ulm and Heidelberg are considered the most sustainable cities in Germany. This is according to a sustainability index compiled by the Cologne Institute for Economic Research (IW) on behalf of ImmoScout24 and Wirtschaftswoche. The index analyzed the economic, ecological and social sustainability of over 70 independent cities in Germany. Various factors were taken into...
Price slumps of up to ten percent for condominiums and owner-occupied homes in Germany - this is the trend predicted by study author Konstantin A. Kholodilin from the Macroeconomics Department of the German Institute for Economic Research (DIW Berlin). Together with his colleague Malte Rieth, he examined the development of rental and purchase prices in 97 German cities. From the...
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