Houses and apartments: land prices are falling, but property prices are not - how can that be?
In many places, the land values determined by expert committees are falling. However, this has only a minor impact on property prices. What buyers and sellers need to know.
In Germany, the prices of building plots are decreasing in expensive cities and regions, according to recent data from the Boris-D portal. In Munich, for example, the prices of building plots for apartment buildings have dropped by 10-30% since 2024, with the city's Gutachterausschuss reporting that prices have fallen back to 2018 levels.
Similar declines have been seen in other expensive cities and regions, including Berlin, Baden-Baden, and Sylt, where the average plot price has fallen by 4.6% to €1480 per square meter. Despite this, experts say that the impact on housing prices is limited due to a fundamental shortage of housing supply.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
