According to Hamburg Commercial Bank (HCOB), project developers in particular are currently facing major challenges. This is due to price increases, delivery bottlenecks, construction delays and higher financing costs. "We are noticing a clear reluctance on the part of developers, with almost a third of project developments already being postponed," says Peter Axmann, Head of Real Estate Clients at...
Market data
In Germany, it was cheaper to buy a home than to rent in 2021. This is according to the Accentro Housing Cost Report 2022. Compared to 2020, the cost advantage of owning a condominium over a comparable rental apartment has increased by around three percent, according to Accentro. In almost all (399/401) of the German districts and independent cities surveyed, owners had to...
Cushman & Walkfield's Life Science Report deals with the current situation of so-called life science properties, which combine production, laboratory and office space. According to Cushman & Walkfield, yields of between 4 and 4.5 percent can be achieved on life science properties with office space, while the figure for traditional office properties is 2.5 to 2.8 percent.
More than one in two Germans (55 percent) dream of owning a vacation home, and around 40 percent have already actively considered buying one. These are the findings of a study conducted by the market research institute Ipsos on behalf of VillaCircle. Almost half of Germans would like to realize their dream of owning a vacation home in Germany or another European...
Landlords in Mecklenburg-Western Pomerania, Berlin and Thuringia in particular will have to expect high CO2 taxes from 2023. This is according to a study by digital real estate manager objego. According to the study, 41.8 percent of residential buildings in Mecklenburg-Western Pomerania had the worst energy efficiency classes G and H in 2021, 38.7 percent in Berlin and 35.5 percent in Thuringia. From 2023, with a...
Single-family homes and condominiums became more expensive in the first quarter of 2022. This is according to the residential barometer on purchase price trends in Germany, which is published regularly by the online platform ImmoSout24. The residential barometer compares the asking prices from the 4th quarter of 2021 with those from the 1st quarter of 2022. Various criteria are applied to the properties...
Owners currently have to pay around 71 times their monthly net household income to buy an apartment of around 100 square meters. Ten years earlier, it was 50 times as much. This is the result of a study by Hüttig & Rompf AG. According to the construction finance broker, the average price per square meter in Germany reached a new record high of EUR 3,958 in 2021. In 2012, the...
If Germans had to decide on a sustainable investment and retirement provision, most would choose real estate. This is the result of a recent population survey commissioned by Pangea Life from the market research institute YouGov. Respondents had to decide whether they were most likely to invest in real estate, energy or technology. 26 percent decided...
There is enough building land available in Germany to build between 900,000 and around two million apartments, or even up to four million in densely built-up areas. This is the result of a study conducted by the Federal Institute for Research on Building, Urban Affairs and Spatial Development (BBSR) on behalf of the Federal Ministry of Housing, Urban Development and Building (BMWSB). In terms of potentially buildable areas in the...
The majority of property buyers and prospective buyers describe the prices as off-putting (65%) and disconnected from the true value (44%). In addition, 51 percent of those surveyed consider buying a property in their region to be unaffordable or hardly affordable at all. This is the result of the Interhyp affordability study with 1,000 respondents. "Many of those surveyed have the feeling that the...