How much more will real estate prices fall?


Development area in Cologne

New buildings by real estate developers are particularly affected by the current drop in real estate prices.

(Photo: Photodisc/Getty Images)

Dusseldorf In the summer, many market observers did not want to admit it, but it has been a reality since the third quarter: real estate prices in Deutschland falls almost everywhere. The main reason for this is the sharp rise in construction interest rates, which have quadrupled since January.

Unlike, for example, stock markets, where supply and demand adjust every second, the real estate market is sluggish and takes a very long time to react. Therefore, the key question is: how much more will real estate prices fall due to an interest rate shock? Handelsblatt interviewed industry representatives and answered the most important questions.

Real estate prices: what is the current situation in the real estate market?

For a few days now, you can find an overview of real transaction prices, that is, not just offer prices from real estate portals. And it shows that prices are actually falling.

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