Market data

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...

Real estate transactions: Few purchase contracts 

In 2022, real estate transactions in Germany fell by 16 percent compared to the previous year. This corresponds to 866,000 transactions. This is according to the Real Estate Market Report Germany 2023, published today by the Working Group of the Higher Expert Committees, Central Offices and Expert Committees together with the Federal Institute for Research on Building, Urban Affairs and Spatial Development (BBSR)....

Age-appropriate living: Supply in Germany 

A joint analysis by immoverkauf24 and ImmoScout24 shows clear regional differences in the supply of age-appropriate apartments in Germany. According to the study, the shortage of such apartments is most pronounced in eastern Germany. This contrasts with federal states such as Hesse, Rhineland-Palatinate and Baden-Württemberg, where there is a wider range of age-appropriate properties for sale....

Housing: preferences in Germany are changing 

75 percent of people in German households are reconsidering their housing situation due to financial aspects. In urban areas, 25 percent of respondents state that they spend more than 40 percent of their income on housing costs. As a result, there is an increased preference for living in rural areas. Satisfaction with housing also appears to be particularly high there at 76%....

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