Market data

Real estate: buyers 38 years old on average

On average, property buyers and builders in Germany who have taken out a loan are 38 years old. This is according to a study by financial expert Dr. Klein with figures from 2023. At this age, "most people are firmly anchored in their professional and family environment", which makes it easier to move into their own home. But even younger people can, according to...

Study: Renting cheaper than buying

In most areas of Germany, it is more financially advantageous to rent a home than to buy. This is indicated by a study by the company "Colliers". It shows that in 365 of the 400 districts and independent cities surveyed (91 percent), renting an apartment is around EUR 4,300 a year cheaper than buying one. In the seven largest cities...

Employee housing: the key to securing skilled workers?

The provision of affordable housing by employers, known as "employee housing", is once again gaining importance in Germany. A recent study by the "RegioKontext" institute shows that companies from various sectors, from craft businesses to large corporations, are becoming increasingly involved in this area. Employee housing could be a...

Housing market: a forecast

The Empirica Institute's "Housing Market Forecast 2024", based on data up to 2045, shows significant demographic changes and their impact on the demand for housing in Germany. Looking ahead to the coming decades, it becomes clear that despite a general population decline, there will be an increased demand for new housing in certain regions. Especially in...

EU Buildings Directive: GdW calls for socially responsible implementation

The new study "Added cost efficiency of alternative Zero Emission Building (ZEB) definitions" by Prof. Dr. Nikolas Müller from EBS University in Oestrich-Winkel shows, according to the German Housing Industry Association GdW, that in order to achieve the climate targets in the residential building sector, "it is important that measures with the best cost-benefit ratio are made possible across the board...

Shared rooms: Rents have risen in university cities

Rents for unfurnished rooms in shared flats (WG) in German university cities are reaching new heights. On average, students had to pay 485 euros per month for these. The rent in university cities in the summer semester of 2024 is therefore 26 percent higher than the price level in the summer semester of 2019, which corresponds to an annual increase of 4.7 percent. Particularly striking is...

Vacation properties: Stable prices on Mallorca

Prices for vacation properties in Mallorca remain stable. This is according to the study "Holiday property market in Mallorca 2024". According to the study, the average price has risen by around 1.7 percent to just under 5,800 euros per square meter. There has been a particularly large price increase of around 13.5 percent in the center of the island. On average, properties are the most expensive at 7,700 euros per square meter...

Real estate: Study on investment market

The real estate investment market in Germany experienced a significant decline in 2023. The transaction volume was the lowest since 2011. Despite this slump, the investment climate is slowly brightening and a certain recovery is expected. This is according to the "Trendbarometer 2024" study by Ernst & Young (EY). A quarter of those surveyed continue to expect...

Offices: Lack of high-quality space

Office vacancy rates in the European core markets remain low, particularly in cities such as Paris, Cologne and Hamburg. This is according to the real estate services company Savills. Although office take-up in Europe fell in the third quarter of 2023, the real estate services company expects a slight increase in Europe in 2024. However, German cities could continue to...

Skilled trades: ZDH President comments on the mood

The mood in the German skilled crafts sector is fragile. This is emphasized by Jörg Dittrich, President of the German Confederation of Skilled Crafts (ZDH). Taxes, duties and documentation requirements are leading to a record-breaking burden on businesses. Investments and loans are falling at a time when they should actually be rising. "The future prospects will...

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