The decline in residential property prices is accelerating – down 9.9 percent.

Häuser in Stuttgart: Schwierige Rahmenbedingungen

Häuser in Stuttgart: Schwierige Rahmenbedingungen


Foto: Marijan Murat / dpa

Die Preise für Wohnimmobilien in Deutschland sind im zweiten Quartal in Rekordtempo gesunken. Sie fielen zwischen April und Juni im Jahresvergleich um durchschnittlich 9,9 Prozent, wie das Statistische Bundesamt am Freitag mitteilte. Dies war der stärkste Rückgang seit Beginn der Zeitreihe im Jahr 2000. Im Vergleich zum ersten Quartal 2023 waren Wohnimmobilien 1,5 Prozent günstiger, doch fiel der Rückgang geringer aus als in den beiden Vorquartalen mit minus 2,9 und minus 5,1 Prozent. Ausschlaggebend für die sinkenden Kaufpreise dürfte eine geringere Nachfrage infolge gestiegener Finanzierungskosten und anhaltend hoher Inflation sein.

Both in cities and in rural regions, significant price declines were observed. However, the downward trend was more pronounced in cities. There were large price declines compared to the previous year’s quarter in the top 7 metropolises (Berlin, Hamburg, Munich, Cologne, Frankfurt am Main, Stuttgart, and Düsseldorf). Prices for single and two-family houses decreased by 12.6 percent, while apartments saw a 9.8 percent decrease compared to a year ago.

„The declines were smallest in sparsely populated rural districts,“ according to the statisticians. In these areas, condominiums were 7.0 percent cheaper than in the second quarter of 2022, while single and two-family houses cost 8.1 percent less. Compared to the first quarter of 2023, prices for condominiums dropped by 2.1 percent, while those for single and two-family houses slightly increased by 0.7 percent.


Mehr zum Thema

According to a study by DZ Bank, it is expected that property prices will decrease between four and six percent for the entire year due to challenging conditions such as rising interest costs and expensive materials. The study states that considering the significantly worse financing conditions and uncertainty about future investments in energy-efficient renovations and new heating technology, the price decline in the single-digit percentage range appears moderate.


mik/Reuters