Across Germany, home ownership continues to be cheaper than living in rented accommodation. Even in high-priced metropolitan areas, significant cost advantages for owners can be observed.
Furthermore, the German Economic Institute (IW) sees no signs of an overvaluation of the residential real estate markets. On the contrary, the low level of interest rates and immigration to the metropolitan areas are continuing to drive up rental and purchase prices.
When it comes to evaluating a real estate investment, there are many parameters and statistics to consider. Which regions are suitable for my goals? How do long-term and short-term developments in certain areas relate to each other? These and other questions are answered by the ACCENTRO Home Ownership Report 2022.
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Berlin is hip, Berlin is in, Berlin is in demand. No wonder, because the capital has a lot to offer. The German center of politics awaits with endless green spaces, huge water areas and lots of culture. The capital's nightlife is unparalleled and is known far beyond the country's borders.
Berlin is a cultural melting pot, a unique mixture of a city where real Berliners, but also young families, students from all over the world, hip company founders and exciting creatives meet.
“In Berlin, the unrestrained force of possibilities hits you right in the face. There are more and more every day.”
Wanja V. Graphic designer
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The real estate market in the capital is booming - and has been for many years. Even though the demand for real estate varies from neighborhood to neighborhood, there is a clear surplus of demand. Modernizations and new construction are being carried out to the extent possible. While some neighborhoods are home to picturesque villas and mansions from the Wilhelminian period, other parts of the capital are lined with pretty old buildings or nostalgic GDR slab. Former industrial and commercial buildings are constantly being modernized and converted into residential units. And Berlin also has single-family homes with idyllic suburban charm to offer.
In recent years, the price trend for property in Berlin has been primarily in one direction: steeply upward. This trend affected some districts earlier than others. Developments show that supply has grown slightly recently. While the lower price segment is steadily declining, the supply of luxury properties has been flourishing for several years. Nevertheless, there is a clear excess demand across all price segments, which is unlikely to abate in the medium term.