The housing crisis in Germany is coming to a head as the completion of over 220,000 new-build apartments has been delayed. This deficit is particularly affecting the A cities. These are large metropolitan areas where demand is highest. This is according to the Bulwiengesa study "Residential Developments in Germany", which was commissioned by a real estate agency. Between 2013 and...
Property prices will rise in Germany's seven largest cities, among others, but also in other regions. In almost half of the regions surveyed (47%), purchase prices will rise by more than 0.15% in real terms by 2035. This is according to the "Postbank Housing Atlas 2024" published by the Hamburg Institute of International Economics (HWWI). The development will be driven by an increasing...
A significant correction in residential real estate prices in Germany is already underway, and experts from Commerzbank are forecasting further declines in the coming months. There is clearly still a large gap between the price expectations of buyers and sellers. Prices for existing residential properties have fallen significantly since mid-2022, particularly due to the...
The latest evaluation of the German Real Estate Index (GREIX) shows considerable price differences for condominiums in German cities. City centers are considered to be particularly expensive. However, practically all major cities offer affordable alternatives to these central locations. This diversity allows potential buyers to choose individually according to their needs and financial possibilities.
A new housing demand forecast calls into question previous estimates of the housing shortage in Germany. Instead of the assumed 400,000 new apartments per year, the research and consulting institute Empirica forecasts a demand of only 170,000 apartments. According to Empirica, many of the recently built apartments were built in the "wrong place". The result: they do not contribute to...
Rents in the surrounding areas of many major cities are rising faster than in the cities themselves. This trend is being driven by the increasing demand for housing outside the metropolitan areas. The former price advantage of apartments in the surrounding area is therefore increasingly disappearing. In the long term, this trend - which is particularly noticeable in the areas surrounding Berlin and Munich - could lead to...
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...
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...
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...
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...
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