Real Estate: These are the ten German cities with the highest house prices and rents
Existing apartments have become more expensive in the third quarter than new buildings. Exclusive data from Germany's 400 districts shows where housing has become more expensive and where it has become cheaper.
Düsseldorf, Germany - The housing crisis in Germany is severe, with property prices soaring and experts warning of the consequences of rising interest rates. Simultaneously, the debate over seizing large apartment companies has been raging since the recent victory of Berlin's left-wing party. The aim is to tackle the high rents in the capital.
The new Empirica Regio Immobilien and Mietpreisindex for the third quarter reveals that new apartment rents increased by 3.8% compared to the previous year's quarter. For existing apartments, the rise was even more significant at 10.2%. However, property prices for both new and existing buildings have also risen. Despite this, there are significant regional differences across Germany's 400 districts.
The following seven graphs display the current state of the property and rental market for all these districts.
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- Ranking: These are the ten largest cities in Germany handelsblatt.com
