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Flats and houses : property prices in Berlin will rise slower

at Least, the explosive growth seems to be slightly slowed down: On the Berlin real estate market, prices no longer rose in the year 2018, however, quite so dramatically as in the previous year. The expert Committee for land values announced on Monday. Accordingly, the turnover of the seller, with flats, houses, cottages, land and commercial units generated has increased in Berlin by five percent to eleven percent growth in 2017.

Nevertheless, the revenue, with nearly 19 billion euros, reaching a new record value. For a lot of money especially residential and commercial buildings changed in the past year the owner: The increase in turnover is a whopping 15 percent, which the expert Committee leads to an increased proportion of high-priced sales.

Less sales than in the previous year

In the annual report of the official expert Committee will be incorporated in all purchase contracts concluded. The goods in the past year, not as many as in the previous year. Sold, to the seller in the year 2017, almost 30,000 real estate, recently only about 27.300 objects. This corresponds to a Minus of 9 percent.

Here, the development continues a Trend of the past two years: owners and builders are selling less and less to real estate and plots of land. In 2015, the number was still around 32.400 sale agreements. Only in the case of rented residential houses and vacant land sales picked up in the past year.

daily mirror people Free

order of ever-increasing sales with less sales - per property purchaser pay in average significantly more. Especially the sold condos show the. Although the revenues to stagnate at about 5.2 billion euros, but washed in the past year, approximately 17,000 sales this sum in the funds, while in 2017 19.300 Disposals contributed the amount. This is calculated down to the selling area, this results in a price increase of 10 percent.

In new construction, the report identifies separately paid by buyer average of 5690 euros per square meter for a condo, compared to 5180 euros in the previous year. Immigration, low interest rates and the good economic situation, according to the evaluators, the developments in the market. There is hardly any free apartments and offices, shared with the Committee. The demand exceeds the supply. Even if prices rise more slowly, therefore can not be from one end of the housing boom.

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market report southern regional relations office in Berlin, or the "janz far out"?

Magdalena Thiele

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