- The number of advertised properties on the Eastern German property market has increased, as many properties have been on the market for longer periods.
- Advertised prices for real estate have been decreasing, especially in cities with a lower demand, reflecting a gap between sellers' and buyers' price expectations.
- The regional differences in the Eastern German property market have increased.
- Rental prices have increased in many cities due to high demand and limited supply.
- The Eastern German property market has seen a decline in purchase prices, but rental prices have remained strong.
- New construction properties in Berlin have the highest median rental and purchase prices, followed by Potsdam and Dresden.
- The report predicts that there will be moderate price decreases in established markets and relatively stable markets in smaller cities, with the exception of older properties with poor energy standards, which will likely see price decreases.
- The report suggests that the Eastern German property market will remain stable in the short term, with steady or slightly rising interest rates and decreasing prices for properties.
What is your view on the residential market in Eastern Germany?
