In 2021, analysts predict a rise in real estate prices for at least 4 percent. DPA, a German news agency, had recently quoted Stefan Mitropoulos, an expert in real estate: “The housing market in Germany is surprisingly stable”.
Interest in suburban areas throughout the country has grown amid the COVID-19 pandemic.
According to FAP Group, many large players in the German Real Estate market originated from South Korea are currently being held back by travel restrictions imposed by the COVID-19 pandemic, not being able to conduct business deals in their normal sense.
Barton Group, a German fully integrated, family-run nationwide real estate investment company, reported about its near-future plans to receive more than sixty five million Euros in capital commitments.
In June, Postbank and the Hamburg Institute for International Economics conducted the Housing Atlas 2020 study. Analysts calculated how many annual rents are required to be paid in different regions of Germany to spend a total amount equivalent to the purchase price of the same real estate unit.
Despite the fact that there is an acute shortage of housing in many German cities, the actual size of units, according to new data from the Federal Statistical Office of Germany (Destatis), had increased in size. Noteworthy, despite the fact that over the past 10 years more than two million units have been added to […]
In an updated economic outlook prepared by The Institute for Economic Research (IFO), a research center based in Munich, it is confirmed that the German economy is to suffer a possible decrease reaching as high as 6.6% in 2020 due to the COVID-19 outbreak, which is worse than the 5.7% recession caused by the 2009 financial crisis.
Contrary to a number of gloomy forecasts that were heard earlier, the coronavirus pandemic could not bring down the real estate market in Germany.
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