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Housing Market: Germany: Difference between revisions
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* At -7.8%, the prices for existing properties fell more sharply than the prices for new buildings (-3.2%) compared to the same quarter of the previous year. | * At -7.8%, the prices for existing properties fell more sharply than the prices for new buildings (-3.2%) compared to the same quarter of the previous year. | ||
* The prices for one- and two-family homes in the top 7 metropolises (Berlin, Hamburg, Munich, Cologne, Frankfurt am Main, Stuttgart and Düsseldorf) fell by an average of 9.1% compared to the 4th quarter of 2022, condominiums cost 5.8 % fewer | * The prices for one- and two-family homes in the top 7 metropolises (Berlin, Hamburg, Munich, Cologne, Frankfurt am Main, Stuttgart and Düsseldorf) fell by an average of 9.1% compared to the 4th quarter of 2022, condominiums cost 5.8 % fewer | ||
==== EPX Index ==== | |||
''The EPX hedonic is based on transaction data from private real estate financing from the independent Europace platform. Around 20 percent of all real estate financing for private customers in Germany is processed via Europace. The EPX was developed in 2005 together with the Federal Office for Building and Regional Planning BBR and has been collected monthly since then.'' <ref>https://report.europace.de/epx-hedonic/</ref> | |||
==== Forecasts 2024 ==== | ==== Forecasts 2024 ==== | ||
==== Long Term Forecats ==== | ==== Long Term Forecats ==== | ||
'''<small>PostBank</small>''' | |||
[[File:Screenshot 2024-03-26 124434.png|center|thumb|732x732px|https://www.postbank.de/themenwelten/bauen-wohnen/preisprognose-bis-2030-wo-steigen-immobilienpreise.html]] | |||
{| class="wikitable" | |||
!City<ref>https://www.drklein.de/immobilienpreise.html#:~:text=Die%20Immobilienpreise%20steigen%20seit%20Anfnag,190%2C71%20Indexpunkte%20im%20Februar.</ref> | |||
!Price trend | |||
|- | |||
!Munich | |||
|2.08% | |||
|- | |||
!Frankfurt a. M | |||
|1.93% | |||
|- | |||
!Cologne | |||
|1.52% | |||
|- | |||
!Berlin | |||
|1.24% | |||
|- | |||
!Stuttgart | |||
|1.03% | |||
|- | |||
!Dusseldorf | |||
|0.76% | |||
|- | |||
!Hamburg | |||
|0.29% | |||
|} | |||
== Berlin == | == Berlin == | ||