German interest rates Q1/2017
Interest is climbing, the average monthly rates for home buyers will increase, vacancy rate in all of Berlin is on an all-time low (1,2%), rents vs. average income are already very high, number of inhabitants on a constant rise, the only way out is new constructions, but prices of plots are very high, construction prices due to high demand of skilled construction workers on a strong rise. The new regulations of the Berlin building law code (e.g. bigger lifts) increase the costs on top.
So what’s your conclusion?
