Frankfurt The turnaround in interest rates will probably result in further falling purchase prices on the German real estate market in the coming months. However, tenants must be prepared for increasing loads. The real estate financier Berlin-Hyp assumes this. “The development of prices for residential real estate and rents will diverge more strongly this year,” predicted Berlin-Hyp CEO Sascha Klaus on Wednesday at a joint press conference with real estate economist Tobias Just from the IREBS real estate academy.
Many prospective buyers who were originally looking for a property to buy would now be pushing into the rental market – and putting more pressure there on new rentals.
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