Real estate weather: Pressure on the rental market continues to increase

Few people still dare to take the step from renting an apartment to owning their own home, even though many would like to. At the same time, there is still too little new construction. High demand and low supply mean that finding a rental apartment is becoming more difficult, and prices are rising.

In the first half of 2024, property prices fell in many places. At the same time, interest rates stabilized. Property purchases have therefore become more predictable. Nevertheless, many prospective buyers are hesitant. As a result, pressure on the rental market remains high.

Now is a good time to buy, as there are increasing signs of rising purchase prices. Many experts believe that the trend in purchase prices has reversed. Anyone considering buying property should therefore consider doing so now before prices rise again.

The situation on the German rental market remains tense. Finding an affordable apartment is becoming increasingly difficult. Experts predict that the pressure will not ease in the foreseeable future. Therefore, comparing rental and purchase prices can be worthwhile, especially since real estate markets across Germany are not uniform. It's also worth considering where to look for a property.

In our short video, we take a look at the rental situation in various regions and cities across Germany. If you'd like to learn more about the current rental market – especially in our region – please contact us! We keep a close eye on the real estate markets – both for rent and for purchase. Therefore, we can provide you with expert advice on where renting or buying is worthwhile.

Do you need help finding a property – whether buying or renting? Contact us! We'd be happy to advise you.