09/12/2022
Market Report
Too little supply in the furnished housing market | Significant trend reversal in real estate sales | Upward trend in Munich office market | Rising...
Market report Real Estate
Munich, 2023-12-07
The real estate market in Munich was full of contrasts in 2023. Landlords and property owners were confronted with a wide variety of challenges.
While the rental market was extremely strong throughout the year and demand did not slow down, the residential real estate market presented a completely different picture:
Prices fell and demand was noticeably weaker.
What is behind this? The era of cheap loans is over. Since the spring of 2022, property loans have become four times more expensive, which has made financing a distant prospect for many potential buyers. As a result, the supply has increased dramatically. Where do we stand today and how will prices and demand continue to develop?
For sellers of residential real estate, this changing market means that particularly comprehensive expertise is now required when setting prices.
A market-driven valuation and a well-thought-out sales strategy are more important than ever. The good news is that landlords remain unaffected by the price reductions. Prices and demand remain at a stable level.
In our market report, we provide you with many valuable analyses and assessments of the Munich real estate market.