Frankfurt For a long time you couldn’t go wrong with the purchase of a property, after all the prices for apartments and houses have risen steadily and significantly in recent years. But now the environment has changed – and for many prospective buyers, the dream of owning a home is becoming a distant dream. For some, however, this is precisely what offers opportunities: you can hope for falling prices.
A current analysis by the online portal Immoscout24 shows how much the market is changing: In the second quarter of 2022, the demand for residential property for sale on the provider’s websites fell by 36 percent compared to the previous year. The decisive factor for this: the surprisingly significant increase in construction interest rates.
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