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In the 46th real estate index, Bulwiengesa analyzes the development of the real estate market in Germany. The basis is the data from 49 West German cities since 1975 and from 125 German cities since 1990. The independent analysis company in the real estate industry published the new report on January 27, 2022.
The most important results summarized:
Real estate prices will rise by 2021 percent in 4,6 – with big differences
- Housing markets continue to pick up, especially for properties to buy
- Office rents are rising, as are vacancies
- Retail rents continue to slide
- The highest price increases for 46 years: Bavarian cities
The main growth driver is the residential segment, with demand for residential space remaining at a high level. The steepest rise in value was for commercial land, a continuous trend since 2009. “Real estate prices have been rising for 17 years now. Even the corona-related ups and downs in the economy over the past two years have only partially led to falling prices,” says the current report.
For anyone interested, the full market study is available to read here: Bulwiengesa Real Estate Index 2022