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Housing Market: Germany: Difference between revisions
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=== <big>Rents</big> === | === <big>Rents</big> === | ||
According to Colliers, in the A cities, the asking rents for existing apartments rose by around eight percent, and in the new building segment by more than nine percent - if you look at Germany as a whole, new rental rents for existing apartments rose by five percent and new building rents by seven percent.<ref>https://www.haufe.de/immobilien/entwicklung-vermarktung/marktanalysen/wohninvestmentmarkt-wenig-portfolio-deals_84324_392508.html</ref> | |||
==== Forecast ==== | |||
'''Colliers''' | |||
Due to the massive decline in new construction and the growing shortage of supply, Colliers also expects rents to rise significantly in all segments in 2024.<ref>https://www.haufe.de/immobilien/entwicklung-vermarktung/marktanalysen/wohninvestmentmarkt-wenig-portfolio-deals_84324_392508.html</ref> | |||
'''JLL''' | |||
According to JLL, the current hesitant demand for home ownership will lead to additional demand for rental apartments - which will exacerbate the dynamic in rents. | |||
== Berlin == | == Berlin == | ||