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...
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...
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...
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...
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...
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...
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...
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)....
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