news

Corona changed apartment-hunting

/0 Comments/in /by

Working, learning, killing time – everything at home. For months now, many Germans have been at home more often than they are used to, and some of them more than they would like to. Corona has raised the value of housing. An extra room to work in, a garden to breathe in – that’s what more people are now longing for. Apartments are becoming more expensive according to a recent research. The demand for properties in the surrounding area has risen sharply during the lockdown, according to a study.

The biggest cities, including Munich, Berlin and Hamburg, were slightly above average. The surrounding areas of metropolises are also becoming more attractive. Prices for poperties had already risen sharply in the second quarter.

There is now relief for many tenants in Berlin. Hundreds of thousands can expect a reduction in their inflated rents after the second stage of the rent cap came into force on Monday. The Senate expects that rents in 340.000 flats will have to fall. F+B even expects about 512.000 flats. The average reduction would be 40 euro.

 

 

Quelle: www.wiwo.de                 Foto: dpa

NEWS-03

Despite Corona crisis: property prices continue to rise significantly

/0 Comments/in /by

The pandemic is leaving no traces on the market for single and two-family houses and condominiums. Rents, however, remain stable. Even the Corona crisis cannot stop the price increase for private homes.

In Frankfurt property prices have risen considerably during the corona crisis in Germany. The price increase for single-family and two-family houses continues unchanged. According to the report, prices for single and two-family houses rose by an average of 8.6 percent in the third quarter compared with the same period of the previous year.

This means that properties increased even more than condominiums, which were also significantly more expensive at 5.5 percent. According to the company, which advises cities and municipalities on setting up rent indexes, prices for private property had already risen sharply in the second quarter.

The Corona crisis has also changed housing preferences: In the face of lockdowns and home offices, many people value more living space or outdoor space, a recent survey showed. The areas surrounding metropolises are also becoming more popular.

 

Quelle: handelsblatt.com               Foto: dpa