Market data

Office properties are staying on the market longer than before, especially those with poor facilities and in less attractive locations. This is the result of a study by the German Economic Institute (IW). According to the study, one in four listings remains on the market for 38 weeks. The office market is therefore in a phase of upheaval. Compared to the previous year, rents across Germany have only risen by 5.9 percent...

Real estate prices are perceived as less daunting, but the fear of a high financial burden when buying a property remains. This is the result of an Interhyp study of over 1,000 real estate buyers and prospective buyers. Jörg Utecht, Chairman of the Interhyp Group, emphasizes the need to take a close look at the property purchase process and to make the project...

Adjusted for inflation, real estate prices fell slightly for the first time in the majority of German districts and independent cities in 2022. This is according to the "Postbank Housing Atlas 2023". In around 63% of regions, condominiums were cheaper to buy than in the previous year. The seven largest metropolitan areas recorded sharper declines than medium-sized cities. On average, the...

With a transaction volume of 225 million euros, the hotel investment market in Germany recorded its weakest opening quarter since 2014 in the first quarter of 2023, according to a report by real estate consultants Colliers. Hotel transactions accounted for four percent of the total commercial investment volume in the first quarter of 2023. This corresponds to the level of the last three...

Households receiving basic income support or citizens' allowance in old age spend more money per month on heating and electricity than comparable households with low incomes. This is the result of a recently published study by the German Institute for Economic Research (DIW Berlin). Between 2010 and 2019, the affected households paid an average of €5.30 more per month for heating and...

There is a shortage of around 2.2 million age-appropriate apartments in Germany. According to consistent media reports, this is the result of a study conducted by the Pestel Institute on behalf of the Bundesverband Deutscher Baustoff-Fachhandel. Only around 600,000 of the 2.8 million senior households are currently age-appropriate. However, the institute predicts that by 2040 at least 3.3 million...

The proportion of banks that would like to grant more loans fell from 61% to 14% compared to the previous year. In addition, 67% of banks are planning to grant fewer loans than before. This is according to the "EY Credit Market Study" by the auditing firm Ernst & Young GmbH. Entrepreneurs and private individuals are also more likely to be unable to obtain a loan....

Around six percent of households in major German cities have to make do with too little living space. This is according to the short report "Mismatch in the housing market" by the Cologne Institute for Economic Research (iw Köln). Families and households with a migration background are particularly affected. On the other hand, six percent of households in large cities live in apartments that are actually too large for them.

If you want to buy an existing apartment of around 80 square meters in a major German city, you will have to work for around 8 to 11 years; for a new-build apartment, it is even around 10 to 14 years. This is the result of an analysis by Immoscout24. In Munich, prospective buyers have to work around 11.2 years for a 5-day week (40 hours each) for an existing apartment and around 10 to 14 years for a new-build...

In his commentary "The housing market could put the ECB in a quandary", analyst Jochen Möbert from Deutsche Bank Research assesses the current situation on the housing markets. He says: "If inflation remains high, further interest rate hikes could lead to distortions on the housing markets." In his opinion, housing markets could find it difficult to cope with further interest rate hikes...