Real Estate: High Interest Rates Slow Down the Real Estate Market: Where Sellers Wait Particularly Long for Buyers
The high prices are having an impact: An exclusive evaluation shows significant differences in the marketing duration of housing advertisements. In which cities things are now moving the fastest for sellers.
In Germany, the time it takes to sell a property varies significantly depending on the region. According to a report by Hausgold, a real estate broker, properties in some areas take almost three times as long to sell as in others. In the seven largest cities, Düsseldorf has the longest sales time at 6.2 weeks, while Munich has the shortest at 5 weeks.
At the district level, Zweibrücken in Rhineland-Palatinate has the longest sales time at 8.8 weeks, while Neumarkt in the Upper Palatinate has the shortest at 3.1 weeks. The average sales time across all districts is 5.9 weeks.
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.
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