How much are real estate prices falling?

Development area in Cologne

New buildings from property developers are particularly affected by the current decline in real estate prices.

(Photo: Photodisc/Getty Images)

Dusseldorf Many market observers still didn’t want to admit it in the summer, but it has been reality since the third quarter: real estate prices in Germany are falling almost everywhere. The main reason for this is the sharp rise in construction interest rates, which have quadrupled since January.

Unlike the stock markets, for example, where supply and demand adjust every second, the real estate market is sluggish and reacts with a long delay. The crucial question is therefore: how much more will real estate prices fall because of the interest rate shock? The Handelsblatt asked around in the industry and answered the most important questions.

Real estate prices: What is the current situation on the real estate market?

For the third quarter, the first real transaction data, i.e. not just asking prices from the real estate portals, have been published in the past few weeks, showing that prices are falling.

Read on now

Get access to this and every other article in the

Web and in our app free of charge for 4 weeks.

Continue

Read on now

Get access to this and every other article in the

Web and in our app free of charge for 4 weeks.

Continue

source site-17