Rents in the east German city have recently risen comparatively sharply.
(Photo: IMAGO/Zoonar)
Frankfurt High demand for living space, sluggish new construction, hesitant real estate buyers: According to a new study, the pressure on the rental market in German cities has increased. In the first half of the year, asking rents in Berlin, Hamburg, Munich, Cologne, Frankfurt, Düsseldorf, Stuttgart and Leipzig rose by an average of 6.7 percent, according to an analysis by real estate specialist Jones Lang LaSalle (JLL) published on Tuesday. In the same period of the previous year, the increase in rents was still 3.7 percent.
The momentum in the metropolises has recently been stronger than in urban districts: there, asking rents for new buildings and existing apartments have risen by 2.7 percent within twelve months. Advertised rents in the districts climbed by 4.9 percent.
>> Read also: Where will real estate prices stabilize again?
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