Will the situation on the German rental markets become more frosty?
Many prospective buyers are still hesitant to purchase real estate. Uncertainty caused by rising interest rates is leading them to remain in their rental apartments or to return to the rental market. Is this a sensible approach?
After falling property prices at the beginning of the year, they are currently trending sideways. Is the period of falling prices already over? Will they even rise again soon? Some real estate experts emphasize that prices need to continue falling for properties to remain affordable. But this trend has temporarily stalled. So, should you buy now before prices rise again?
How is the rental market developing in comparison? Is the pressure increasing further? How do metropolitan areas and rural regions differ? Real estate professionals recommend comparing rental and purchase prices. In the long run, buying property can be worthwhile. However, to make an informed decision, you need to know what's happening in the current real estate market.
In our short video, we discuss current developments in the rental market and look at selected regions in Germany. If you would like to know more about the current rental market – especially in our region – please contact us! We always 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.