The residential real estate market in Germany involves the buying and selling of homes, flats, and other types of residential properties. Germany's residential real estate market is enormous due to various factors that have contributed to its growth in recent years. For instance, the country's population is increasing, leading to higher demand for housing. This has caused home prices to rise and attracted more investment in the residential real estate market. The low-interest-rate policy of the European Central Bank has led to lower mortgage rates, making it easier for buyers to finance their property purchases. As a result, there has been an increase in demand for residential real estate in Germany.
Germany is one of Europe's strongest economies, with low unemployment and high-income levels. People now have more money to spend on real estate, which has raised demand for houses. The urban population of Germany is expanding as more people move to cities for jobs and other opportunities. This has raised the demand for housing in cities, particularly in big cities such as Berlin and Munich. For instance, rental properties in Germany increased by 7.4 to 7.7 percent between January and March 2023. Compared to 2022, the rent for houses increased by up to 12% in 2023, while new construct residences increased by up to 20%.
The COVID-19 pandemic had a significant impact on the German residential real estate market. The market started slowing, as consumers were nervous about investing in real estate due to the financial risks caused by the pandemic. Furthermore, restrictions imposed by the government on movement, preventing people from viewing properties.
Condominiums and Apartments
Villas and Landed House
LEG Immobilien SE
Consus Real Estate
Deutsche Wohnen SE
SAGA Siedlungs-Aktiengesellschaft Hamburg
Citigrund Immobilien GmbH
HAVAU Hausverwaltung GmbH
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