Germany Property News

The Top 10 Affordable Cities to Rent an Apartment in Germany
The cost of renting accommodation in Germany continues to rise, but there are still several cities where reasonable rental prices can be found. According to data from the German Ministry of Housing Construction, around 54% of households in Germany prefer…
German Real Estate Sector is seeking billions of euros worth support from the authorities
The German real estate sector will request billions of Euros as government support during the upcoming meeting with Chancellor Olaf Scholz, as reported by Reuters (citing sources familiar with the matter). A meeting with politicians, ministers and industry…
Rental rates in Germany rise to record highs
Rent levels have risen by more than 7 percent across Germany since the beginning of 2023. According to new data from the real estate platform Immosscout24, the rate of rent growth was breaking all records already in the first months of 2023. Between…
In the 1st quarter of 2023, Real Estate prices in Berlin returned to an upward trend
In the 4th quarter of 2022, prices in the Berlin real estate market were recorded to fall, caused by the decision of the European Central Bank to carry out a series of interest rate hikes. This caused mortgage rates to double or even triple, bringing…
After a short-term fall in prices, the Berlin housing market has moved to recovery
Germany's decade-long boom in home prices, which ended last year after the European Central Bank decided to introduce a series of interest rate hikes, has sent mortgage rates doubling and sometimes even tripling. This event forced many players out of…
Property prices in Germany have balanced, despite the decline in sales
According to Gewos, The Institute for Urban, Regional and Housing Research, the growth phase of the German property market, which lasted more than 10 years in a row, may be coming to an end. The Institute predicts that sales of apartments, houses, commercial…
Rental rates in Germany are rising faster than real estate prices
According to a recent study by real estate agency Jones Lang LaSalle (JLL), there is currently a growing trend that has never happened in Germany in the past: rental prices are now rising faster than real estate prices. According to this study, there…
Real estate prices in Germany remain the same, although overall sales are declining
For more than a decade, the German real estate market was in a dramatic growth phase. However, as per the new report from the Gewos Institute for Urban, Regional and Housing Research, the sales boom may be coming to an end in the observable future. According…
Mortgage rates in Germany Hit Their 10 Years Maximum
Mortgage interest rates in Germany have reached their highest levels in the last eleven years. As a result, a significant drop in a number of requests for mortgage loans is currently taking place. According to the European Central Bank (ECB), the average…
Property prices in major German cities are declining
As recent study of the German real estate market shows, almost all major cities recently began to experience property price decline after years of prices rising. The reason for this phenomenon lies in a number of factors, such as real estate revaluation,…
The German government is planning to help people with the purchase of real estate
As of today, Germany has the lowest level of property ownership in the EU. According to the official government data, only 42.1% of families own housing units they live in directly, while the remaining 57.9% of families live in rented houses and apartments.…
Demand for real estate in Germany is rising
Despite the economic crisis caused by the COVID-19 pandemic, the German real estate market continues to show steady growth - both the primary and secondary market. According to the latest data from the Federal Statistical Office (Destatis), real estate…
The cost of real estate on the German North Sea islands is rapidly rising
The latest report published by the real estate agency Von Poll showed that housing prices in Germany on the islands in the North Sea are skyrocketing. According to the agency, prices for real estate in the North Frisian Islands (located in Schleswig-Holstein)…
Tenants may be exempt from utility charges
The German Tenants' Association has proposed abolishing heating bills. The initiative has a simple rationale: the tenant pays the full heating bill without having any say over maintenance work that might reduce heat loss in the home. The project is currently…
Average home size increases in Germany
The average home size in Germany has grown by 20% in the last 30 years, and this trend is gaining momentum. According to experts from Empirica Regio, Germans are increasingly opting for larger homes. The study included all German cities with a population…