Real Estate Market Sees Signs of Recovery

Fri 31st Jan, 2025

The real estate sector is experiencing a revival as interest rates decline, making it easier for home and apartment buyers to secure financing. This trend is reflected in the increased investment activity within the market.

After a significant downturn in the previous year, both private individuals and businesses invested approximately EUR242 billion in residential and commercial properties in 2024, marking a 5.5% increase compared to 2023, according to the latest report from the Real Estate Association (IVD).

Dirk Wohltorf, the President of IVD, noted that the market is showing signs of solid stabilization, with measurable positive trends emerging. In particular, the second half of the year witnessed higher investment volumes, totaling EUR127 billion, surpassing the EUR115 billion recorded in the first half.

The reduction in interest rates has played a crucial role in this development, making loans more affordable. The demand for housing remains robust, and real estate continues to be viewed as an appealing option for retirement planning, as stated by Wohltorf. The IVD's forecasts are based on data from the Federal Ministry of Finance regarding revenue from property transfer taxes.


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