Residential property prices have been falling in many locations since May. This may initially be good news for people who dream of owning their own home. In Kempen and Grefrath, however, property prices are still at a “rather high level”, as Reinhold Kiehstaller, construction finance expert at Volksbank Kempen-Grefrath describes it. “But we also see that prices are coming down a bit due to the level of interest rates,” says Kiehstaller for the Kempen and Grefrath area.
