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Together with empirica ag, we are now also represented on Instagram. There you can expect not only updates on the real estate market, but also completely new insights into our company and lots of background information on current empirica studies.

• Around 1.1 million people with Ukrainian citizenship were living in Germany at the end of September.
• Highest immigration rates in March, April and May with up to 375,000 people per month.
• Mostly underage and well-educated people come.

With the annual update of the forecasts by empirica and empirica regio, current data on the development of population, households, demand for new buildings and vacancies up to 2035 are now available for all districts.

With Q3/2022, the indices for condominiums as well as detached and semi-detached houses declined on average nationwide for the first time since 2013. In Q4/2022, this new trend continues, with observed purchase prices now falling both in new construction and across all construction years, and in many regions in Germany.

A look at migration within Germany shows: The basic trends were indicated years ago. While the big cities are losing more and more in internal migration, the districts and small independent cities in Germany are gaining more and more. Another turning point could be immigration due to the war in Ukraine.

According to the CBRE-empirica Vacancy Index, the market-active vacancy rate - i.e. flats that can be let immediately or activated in the medium term - was 2.8 percent or around 607,000 units at the end of 2021. This means that the vacancy rate has reduced by about 4 thousand units compared to the previous year.