Bundesbank gives the all-clear for the private house market

Bundesbank gives the all-clear for the private house market

As of: November 23, 2023 7:02 p.m The demand for houses and apartments has collapsed. But according to the Bundesbank, the residential real estate market as a whole offers no cause for concern, especially for private homeowners. Because of the drastically increased interest rates, significantly fewer people are buying houses and apartments or having them … Read more

Deutsche Bank predicts the end of the price spiral

property prices View of a street with residential buildings in Düsseldorf. Real estate prices have been rising for years. A study by Deutsche Bank is now predicting a turnaround. – (Photo: dpa) – – – – Frankfurt Upwards, always upwards: According to the latest data from the Federal Statistical Office, prices for German residential property … Read more

Main metropolis as a financial center behind London and Paris

– Frankfurt banking skyline In an international comparison, Germany’s most important financial center has lost importance. – (Photo: dpa) – – – – Frankfurt Great Britain’s exit from the European Union has so far done little to damage the dominance of the financial center London: Although New York replaced the British capital as the most … Read more

Building interest rates are rising unexpectedly quickly – that’s what experts advise

A new development near Cologne Purchasing real estate is becoming more expensive given poorer financing conditions. – (Photo: dpa) – – – – Frankfurt It is a development that experts had foreseen – but not with this dynamic. Within a few weeks, building interest rates have risen by more than 0.5 percentage points. At no … Read more

According to the Bundesbank, a high proportion of long-term loans and investments makes the financial system susceptible to risks that can result from a change in interest rates.

– Skyline Berlin Mitte Although prices in German metropolises such as Berlin have already reached peak values, almost 90 percent of households expect real estate prices to continue to rise. – (Photo: Paul Langrock) – – – – Frankfurt The Bundesbank warns of increasing dangers on the German real estate market. In 2020, the prices … Read more

This is how prices are developing in the USA, China & Co.

Frankfurt, Paris, London, New York, Peking Interest rates have been low for years and demand continues to be huge: Real estate prices continue to rise sharply – and not just in Germany. According to calculations by the wholesale broker Knight Frank, valuations are rising faster than they have been since 2006. This raises new concerns … Read more

New buildings are getting more expensive – especially in a big city

– New building in a Wilhelminian-style district in Leipzig The Saxon metropolis is one of the major German cities in which prices are rising particularly rapidly. – (Photo: dpa) – – – – Frankfurt The real estate market in Germany has been booming for twelve years now – and Corona cannot stop the trend either. … Read more

Number of branches shrinks by almost ten percent

– Volksbank Many Volks- and Raiffeisenbanken closed branches last year. The vast majority of customers use online banking. – (Photo: dpa) – – – – Frankfurt The Volks- and Raiffeisenbanken closed branches on a large scale during the corona pandemic. The 349 Volks- und Raiffeisenbanken, which belong to the regional cooperative association, gave up 425 … Read more

Schufa: Pandemic lets installment loans collapse

– Schufa “We are currently seeing a slump in consumer credit,” explains Tanja Birkholz, CEO of Schufa. – (Photo: dpa) – – – – Berlin The consequences of the corona crisis are now also evident in the lending business. In early February, the demand for installment loans fell by 33 percent compared to the same … Read more