[theold]

Significantly higher borrowing costs are causing demand for residential real estate to fall. The result: for the first time in twelve years, prices fell across Germany at the end of 2022. At the end of last year, residential real estate prices in Germany fell for the first time in twelve years.

At the same time, immigration to Germany was at a record level, also in the wake of the Ukraine war. The need for apartments should therefore continue to increase, explained Michael Voigtländer, real estate expert at the German Economic Institute (IW).

https://www.tagesschau.de/wirtschaft/kon...g-101.html

[red3]

Because euro is stronger with its rate hikes

[RyanmPooleq]

The recent dip in prices might be a bummer for sellers, but for potential buyers, it could present some great opportunities to snag a deal.And with immigration to Germany hitting record levels, the demand for housing is likely to stay strong. I mean, more people moving in means more need for apartments, right? It's a trend that could help stabilize the market in the long run.If you're still weighing your investment options, in my opinion, checking out investment comparison sites could be a smart move. They can offer insights into different opportunities in the German real estate market, helping you make informed decisions.