Market data

Real estate market: asking prices in smaller cities on the rise 

The Immowelt Group has compared the asking prices for existing apartments with 40 to 120 square meters in 78 major German cities with those of the previous year. The result is that owners will have to pay up to 31 percent more between 2020 and 2021. The most significant price increases were recorded in smaller cities. In Erfurt, the price per square meter for...

Study: "Future Living - Outlook 2022. Living trends of the future" 

According to project developers and property owners, tenants want fast broadband internet for working from home (58% and 57% respectively), larger apartments (42% and 51% respectively) and apartments with study rooms (42% and 46% respectively). These are the findings of the study "Future Living - Outlook 2022. Residential trends of the future" by business and consulting firm PwC Germany. The study, for which...

Real estate market: DIW points to speculative exaggerations 

The German Institute for Economic Research (DIW) recently examined the development of real estate prices in 114 major German cities. It found that prices for owner-occupied homes and apartments have risen by 9 percent compared to 2020. The DIW is of the opinion that "speculative exaggerations are occurring in more and more regions and market segments, particularly in...

Logistics real estate: analysis company expects record completion volume 

For 2021 and 2022, the analysis company Bulwiengesa expects a record completion volume for logistics properties of over five million square meters each. At 3.7 million square meters, completed logistics space recently fell short of the previous year's figure of 4.9 million square meters due to delayed construction starts caused by the coronavirus pandemic. Nevertheless, the...

Housing: Developments in the city and in the countryside 

In Germany, 308,000 new apartments need to be built every year to meet demand. This is the result of a study carried out by the German Economic Institute (IW) on behalf of Deutsche Reihenhaus AG. Those responsible also point out that there is a risk of vacancies in rural regions, whereas too little is being built in large cities. Thus, up to...

Survey: Companies are struggling with high prices 

A company survey conducted by the Association of German Chambers of Industry and Commerce (DIHK) has revealed that companies fear the consequences of higher electricity and gas prices. Almost half (46%) of the 600 or so companies surveyed fear a loss of competitiveness in Germany as a result. In addition, the companies also fear that they...

Real estate search: the majority surf the Internet 

When searching for a property, 70% of those who have looked for an apartment or house to rent or buy in the past have used the internet either partially or exclusively. This is the result of a survey conducted by Bitkom Research, a subsidiary of the German Digital Association. The company surveyed around 1,000 people aged 16 and over...

Study: Real estate prices rise by more than 7 percent 

In Germany, prospective buyers have to pay an average price per square meter of 3,299.70 euros for an apartment. For single-family homes, the average price is even €3,990.96. This means that prices for apartments and houses rose by 6.93% and 7.09% respectively from May to October 2021 compared to the period from November 2020 to April 2021. This is according to a...

Study: Lower rents in the retail sector 

The German Real Estate Association (IVD) has taken a closer look at rental price trends in the retail sector and identified four developments. Firstly: Due to the coronavirus pandemic, there are many vacant retail spaces, especially in city centers. Secondly, particularly in Germany's seven largest cities, rents have fallen more sharply the higher they were previously...

Study: Mobile communications standard influences real estate value 

The 5G mobile communications standard, which enables fast data transmission, can have an impact on property values. This is the result of a study entitled "Value impact of mobile phone systems on property prices for single-family home use in rural areas". Heribert Franz Pölzl published this in May 2021 at the Department of Building and Environment at Danube University Krems in...

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