Eight facts about the real estate market that you should know

housing

Apartments like the one here in Berlin are still in demand, but the rules of the market have changed over the past year.

(Photo: dpa)

Munich In the past twelve months something has happened that many had no longer thought possible. The market for houses and apartments has changed. According to the Association of Pfandbrief Banks and portals such as Immobilienscout, prices are rising much more slowly and are even falling in some regions, while rents are increasing according to various brokerage houses. And not everything that seems livable can find a buyer for a long time now.

The reasons are undisputed: First, many supply chains for products important in construction were torn apart by the corona pandemic, then with the war in Ukraine the prices for gas and oil rose and drove inflation to ever new heights, whereupon the central banks raised interest rates.

But what does that mean for everyone who wants to rent, buy or sell? The Handelsblatt has compiled the most important facts and figures for this purpose.

1. Real estate financing: Modesty is the order of the day

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