12.4 million families in Germany live in owner-occupied property. This means that 57% of families live in their own property. Couples with children are particularly likely to live within their own four walls (62%). This is according to surveys conducted by the census on May 15, 2022. In addition to couples with and without children, families also include single parents with children. Where especially...
Five German cities in particular are at high risk of extreme weather events - Frankfurt am Main, Leipzig, Saarbrücken, Dresden and Erfurt. These are the findings of a recent study by commercial real estate and investment management company JLL on the future development of climate risk up to 2050. The forecasts are based on detailed climate models that predict the frequency and intensity of...
Rotterdam leads the Europe, Middle East and Africa economic area as the most inclusive city. However, German cities such as Berlin, Hamburg, Frankfurt, Munich and Cologne also show strong performance in the EMEA region in terms of social, economic, spatial and environmental inclusivity, according to the "Inclusive Cities Barometer" by Cushman & Wakefield. The highlights of the study...
Rents are rising in Germany. In major German cities such as Berlin, Frankfurt and Munich, rents have risen by an average of 6.3% compared to the previous year (H2 2023 to H2 2024). However, they are now rising more slowly. From the second half of 2022 (H2 2022) to the second half of 2023 (H2 2023), rents in the major cities were still up by an average of 8.2%...
Fewer and fewer owner-occupied homes are being built in Germany. According to a study by Deutsche Bank, the last owner-occupied home could even be built in 2050. The main reasons for this are rising construction costs and greater environmental awareness. The trend is towards "greener building". This also means that apartment buildings are more likely to be built than semi-detached and detached houses. They have - comparatively -...
More than half of the property buyers and prospective buyers surveyed (56%) rate the ability to purchase a property as "moderately" to "easily" achievable. This represents an improvement of 9 percentage points compared to the previous year, when fewer respondents felt that real estate prices were affordable. This is the result of a recent study by the Interhyp Group...
In most German regions, new-build apartments are significantly more expensive than existing properties - according to the "Postbank Housing Atlas 2024". The study by the Hamburg Institute of International Economics (HWWI) shows that the price differences are particularly pronounced in the Bavarian districts of Miesbach and Garmisch-Partenkirchen, with a calculated price difference of 382,474 euros and 340,000 euros respectively.
In Germany, the proportion of people living alone is significantly higher than in many other European countries. In 2023, 20.3% of the German population lived in single-person households. This is well above the EU average of 16.1%. In an EU comparison, there are only fewer people living alone in Estonia (21.5%), Denmark (23.5%), Sweden (24.1%), Lithuania (24.6%) and...
In some parts of Germany, buying a home has become more affordable thanks to falling prices and rising incomes. According to the Hamburg Institute of International Economics, the national average annuity rate has fallen by 5.1 percentage points to 19.4%. This shows that more buyers can afford to buy property without having to strain their budget with regular interest and repayment...
The German housing market is showing signs of stabilization after a period of price corrections, according to the latest Germany Monitor published by Deutsche Bank Research. Despite some indicators of further price declines, there are positive signs pointing to a recovery in the housing market. The Europace Index, which is based on data provided by the corresponding platform...
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