How much house is there for the money? (Photo: Freepik, Kues1)
Düsseldorf/Kiel/Berlin – Real estate prices are currently increasing only moderately – but it depends on the region and condition! In addition, they are Loan costs again noticeably shot up. You can read where prices have dropped, what you get for half a million and when buying the rent is read here.
0.4 percent – the prices for residential properties have risen from 3rd to the 4th quarter of 2024. The Barkow consulting analysts have determined the average of the 4 most important indices. Compared to the 4th quarter of 2023, the plus is 2.5 percent (inflation: 2.6 percent).
For the year 2024, the GREIX index A drop in price for residential objects – especially because of the drop in prices in the 1st quarter. Single -family houses were reduced by 1.6 percent, the prices of condominiums gave 1.5 percent and 3 percent for apartment buildings.
Trend of real estate prices 2024 – where there is affordable living space
However: According to Greix (German Real Estate Index), prices in 2024 in the 7 largest German metropolises in 2024 were near the record values. Even new real estate in the real estate crisis due to the increase in interest rates have hardly had to accept a loss of value since 2022.
Real estate seekers still find affordable living space in rural areas, the portal has Immowelt.de determined. In 212 out of 294 counties, houses are currently cheaper than 3 years ago. The main reason: rural areas have great energetic renovation needs.
Purchase power from Gotha to Munich – when the purchase is going on the rent
For example, if you have over 500,000 euros, you can afford completely different objects depending on the region, such as an evaluation of ImmobilienScout24.de shows. In the district of Gotha, half a million is enough for a 310 square meter house, in Munich only for a 66-square-meter apartment.
And how does the property buy do compared to rent? Another Immoscout24 analysis has found a strong gradient between 8 major German cities. In Cologne, the comparison rent increases the credit rate in the 6th year, in Hamburg the purchase is only worth it after 16 years.
Some revitalization in the new building – but construction interest rates increased
Many industry experts hope for relaxation at the housing prices in the medium term through more construction activity. Actually has The Federal Statistical Office In the case of construction orders in January 2025, a real increase of 10.3 percent registered in the year and 5.2 percent compared to December.
Just a straw fire? Interest jumped up in March – poison for construction projects. The reason: The Schwarz-Rot debt package drives the returns of the federal bonds-an important reference for building interest rates. The average interest rate for 10 years of loans At interhyp.de is currently 3.70 percent.