Falling real estate prices: This is how tenants are now able to buy their own property after all

This article is an acquisition of Capital , Capital's premium digital offering.

Falling real estate prices: This is how tenants are now able to buy their own property after all

This article is an acquisition of Capital , Capital's premium digital offering. For you as a stern PLUS subscriber, it is exclusively available here until January 30th, 2023. After that, it will again only be available to Capital subscribers at www.capital.de/plus

So it is moving after all: It took a while, but the local and stable real estate market is now reacting noticeably to the major changes on the financial market. Real estate prices are falling, and in some areas of the market more than expected. Sometimes houses and apartments are currently available for sums that were last paid in 2021. In other words, the interest rate shock from the central banks has erased the price increases of the past two years.

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