Real estate market This is how prices are developing in major German cities

Frankfurt It sounded like the all-clear. According to data from the Hamburg real estate specialist F + B, rents and purchase prices in many areas of the German real estate market still rose in the third quarter of this year – but not nearly as much as before. But now an analysis published on Thursday by the real estate agency Immobilienscout24 is stirring up doubts as to whether this is already a sign of a trend reversal in the market.

Due to the persistently high demand, the experts predict that the prices for condominiums in Germany will rise by an average of 11.3 percent in the next twelve months. In the case of new apartments, the plus should be 9.1 percent. The price dynamics will decrease somewhat. The bottom line, however, is that purchase prices continue to rise – and are also well above the expected inflation rate.