Real estate prices have fallen particularly sharply in the Main metropolis.
(Photo: dpa)
Dusseldorf After years of boom and the increasing danger of a real estate bubble, there are first signs of normalization on the German real estate market. As current data from the Association of Pfandbrief Banks and the housing research institute Empirica show, property prices and apartment rents are slowly converging again – which is an important indicator for the question of a bubble in the market.
The empirica bubble index for the fourth quarter of 2022, which the institute published on Friday, shows a clear trend reversal in an important indicator of the index, the potential for setbacks. While there are still quite a lot more districts with a risk of bubbles than without – after all, prices have outpaced rents for years – the potential for setbacks shows the explosive nature of the risk of bubbles.
Read on now
Get access to this and every other article in the
Web and in our app free of charge for 4 weeks.
Further
Read on now
Get access to this and every other article in the
Web and in our app free of charge for 4 weeks.
Further