Real estate: Purchase prices for apartments are falling for the first time in more than two years
A trend reversal is becoming apparent in the German property market. This is creating new opportunities for potential buyers - but depending on the region.
The German property market has experienced a setback, with the price of apartments falling below the previous year's level for the first time in over two years. According to the Greix price index from the Kiel Institute for the World Economy, apartment prices decreased by 0.2% in the third quarter of 2026 compared to the same period last year.
Berlin has seen a significant decline, with apartment prices dropping by 2.9% year-on-year, while other cities like Cologne, Frankfurt, and Düsseldorf have seen price increases. The market slowdown is attributed to high financing costs, with many buyers hesitant to purchase due to elevated construction interest rates.
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.
This story
This is one outlet's version. Read the fullest account.
