Residential for sale in Cologne Suburb, North Rhine-Westphalia
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Research shows that residents of German cities spend half their salary on apartment rent
As per the study conducted by Hans Böckler Stiftung, an analyst at the University of Berlin, housing expenses of German households reach as much as 50% - an alarmingly large proportion. Furthermore, considering the fact that this trend is common…
Growth of rental rates in Germany reached 40% over the past five years
A recent study by Immowelt Property Search Portal showed that rents on new contracts have increased in at least 80 major German cities over the past five years. Furthermore, in 34 of them this growth exceeded 20%. Moreover, rents for new apartments advertised…
Experts predict an increase in German property prices
In 2021, analysts predict a rise in real estate prices for at least 4 percent. DPA, a German news agency, had recently quoted Stefan Mitropoulos, an expert in real estate: “The housing market in Germany is surprisingly stable”. The expert…