Market Update: WohnBarometer
Every quarter, the "ImmoScout24 WohnBarometer" shows the development of rental and purchase prices in Germany as a whole and in the seven largest metropolitan areas (Berlin, Düsseldorf, Frankfurt (Main), Hamburg, Cologne, Munich and Stuttgart). The analysis is based on the listings for existing and newly built apartments for rent or purchase on Germany's largest online marketplace for real estate, ImmoScout24. The price data is supplemented by information on supply and demand as well as a price forecast for price forecast for the upcoming 12 months.
The "ImmoScout24 WohnBarometer" is published regularly at the end of each quarter and is then made available for download here. The complete overview is available in German here:
"Demand pressure on the rental market has reached a new high, highlighting the tense situation. While existing rents are taking a breather in terms of momentum, they are rising more strongly again in new builds. Rising demand is no longer a phenomenon of the metropolises. The surrounding areas, regional centres and well-connected business locations are also attracting more and more prospective buyers. The buyer's market for real estate continues to pick up speed. The wait-and-see phase is over for both buyers and sellers. Contact and financing enquiries on our platform are increasing significantly. People want to buy again. At the same time, sellers are not expecting prices to fall any further and more detached houses are coming onto the market."