Real estate prices will not drop for now

Real estate prices could be leaving out in 2020 despite the continuing real estate boom. Although dropping prices on the market are still unlikely this year, the price level should now develop more slowly, according to building loan agency Interhyp.

Consumer’s tolerance limit defines the ultimate price level.

The real estate market should increasingly calm down and stabilise. The increase has been slowing since the third quarter of 2019.

Although this forecast cannot be generalised for every German city, it is still considered that at some stage price levels will be attained at a point where people will show caution.

Source: www.anlegen-in-immobilien.de             Picture: www.pixabay.com