2023-09-23 14:40:12
Houses in the countryside: Is the turnaround in the real estate market finally opening up opportunities for home buyers? Image: Picture Alliance
Prices are falling, interest rates are stagnating and incomes are rising. This might give home buyers the path to owning their own home after years of ludicrous valuations.
The past year was tough for those who wanted to buy a house or apartment. Loan interest rates have risen so quickly that many have had to abandon their plans. Others had already given up because the purchase prices were so high. But now the general conditions have improved. The chances increase that buying property will become easier.
Dirk Scherff
Editor in the “Value” department of the Frankfurter Allgemeine Sonntagszeitung.
Because important influencing factors are currently changing. The Federal Statistical Office has just announced that house prices fell more sharply between April and June than ever since records began in 2000.
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