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Housing Market: Germany: Difference between revisions
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There were no signs of such a turnaround in February either. We registered a good eighty transactions with a volume of around €1.7bn, roughly the same level as in January. The figures for the first two months of 2024 are also roughly in line with the previous year's figures. Transaction activity appears to have bottomed out, but is probably not yet to increase. We are still not observing any significant increase in the number of transaction processes. In addition, some processes are still being cancelled and do not result in a sale because the landlord's target price has not been reached.<ref>https://www.savills.com/research_articles/255800/295306-0</ref> | There were no signs of such a turnaround in February either. We registered a good eighty transactions with a volume of around €1.7bn, roughly the same level as in January. The figures for the first two months of 2024 are also roughly in line with the previous year's figures. Transaction activity appears to have bottomed out, but is probably not yet to increase. We are still not observing any significant increase in the number of transaction processes. In addition, some processes are still being cancelled and do not result in a sale because the landlord's target price has not been reached.<ref>https://www.savills.com/research_articles/255800/295306-0</ref> | ||
[[File:Screenshot 2024-03-26 102807.png|alt=|center|thumb|703x703px|https://www.savills.com/research_articles/255800/295306-0]] | [[File:Screenshot 2024-03-26 102807.png|alt=|center|thumb|703x703px|https://www.savills.com/research_articles/255800/295306-0]] | ||
===== Forecats ===== | |||
C&W assumes stabilization. Colliers believes a total turnover of ten billion euros is possible. JLL expects a moderate increase in transaction volume to a range between nine and eleven billion euros. CBRE expects the residential transaction market to pick up with an investment volume of around eight billion euros.<ref>https://www.haufe.de/immobilien/entwicklung-vermarktung/marktanalysen/wohninvestmentmarkt-wenig-portfolio-deals_84324_392508.html</ref> | |||
=== <big>Prices</big> === | === <big>Prices</big> === | ||