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Housing Market: Germany: Difference between revisions
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===== <small>Q1 2024</small> ===== | ===== <small>Q1 2024</small> ===== | ||
The rental market situation remains tense. Current market dynamics and the interest rate environment continue to put pressure on the already limited supply. Rising financing costs and higher equity requirements make purchasing a home more expensive, leading to increased demand in the rental sector. <ref>https://guthmann.estate/en/market-report/berlin/</ref> | |||
* In the standard rental market below 20 EUR/m², our calculations show the average rent in the current quarter is . The increase compared to the same period last year is about . | |||
* According to this method, there is a total housing deficit of approximately 112,000 units with a decreasing pressure from west to east. Some districts in East Berlin theoretically even have low fluctuation reserves. In the districts of Pankow, Köpenick, and Marzahn-Hellersdorf, the housing market is almost balanced, except for some neighborhoods. | |||
{| class="wikitable" | |||
!Period | |||
!Existing buildingsMedian Offer price | |||
!Index (base 10 years = 100) | |||
!New buildingsMedian Offer price | |||
!Index (base 10 years = 100) | |||
|- | |||
|Current quarter | |||
|13.55 EUR/m² | |||
| - | |||
|28.05 EUR/m² | |||
| - | |||
|- | |||
|1 Year | |||
|12.15 EUR/m² | |||
|11.50% | |||
|23.10 EUR/m² | |||
|21.40% | |||
|- | |||
|3 Years | |||
|10.85 EUR/m² | |||
|24.80% | |||
|18.60 EUR/m² | |||
|50.80% | |||
|- | |||
|5 Years | |||
|10.95 EUR/m² | |||
|23.40% | |||
|15.65 EUR/m² | |||
|79.30% | |||
|} | |||
[[File:Screenshot 2024-04-22 163337.png|center|thumb|966x966px|https://guthmann.estate/en/market-report/berlin/]] | |||