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Tuesday, 3 March 2015

Average asking price for Apartment Buildings in Berlin increased by 11.7 per cent in 2014

For the first time the average offering price exceeded 2,000 Euro per sqm for apartment buildings in Charlottenburg-Wilmersdorf and Steglitz-Zehlendorf.

These were the findings of the Housing Market Report 2015.

Asking Prices for Apartment Buildings in Berlin
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The city wide increase was 11.7 per cent year-on-year. In some locations the asking prices detached themselves from the development of the rent.This is historically an unsusual development and indicates the catch-up process Berlin is undergoing in comparison to other European capitals.

Analysts are coming up with various explanations: Low interest rates, population growth combined with a lack of sufficient new building activities, lack of low risk investment alternatives.

Detailed information is available in ther Housing Market Report Berlin 2015 which is available for download on our website:

1 comment:

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