Commuter flows - the surrounding area of the metropolitan areas is becoming more and more important
The surrounding areas of Germany’s A-cities are becoming increasingly important as places to work, this is the result of an analysis by empirica regio GmbH. We have examined the commuter balances, commuter rates and commuter links of the German metropolises and their surrounding areas.
Housing market data Q1/2021: Indices continue to rise (again)
We have written this sentence in this or similar form many times in recent quarters: The indices for the rental, condominium and detached and semi-detached house sub-segments continued to rise in Q1/2022. The relative increase in advertised rents, at 1.2% compared to the last quarter, continued to lag well behind the development of purchase prices. Prices for condominiums rose by 2.4% compared to Q4, prices for detached and semi-detached houses even by 3.1% compared to the last quarter.
Employment boost from Tesla in the Oder-Spree district - rents and purchase prices increased more strongly
Ever since Tesla chose Grünheide as the site for its fourth Gigafactory, it has been clear: the previously little-noticed region around the little speck-belt town of 8,000 inhabitants in the east of Berlin is now seen as one that will be boosted and transformed in many ways. Grünheide’s mayor described the Tesla settlement as “winning the lottery”.
empirica housing market forecast - new construction demand of 243,000 residential units per year
The updated empirica housing market forecast on new construction demand is now available regionally differentiated for flats in single and two-family houses as well as flats in multi-family houses. Depending on the scenario, between 233,000 and 253,000 additional flats will be needed in the short term.
Special analysis on available living space in Germany
The economic and real estate data provider empirica regio GmbH has determined the per capita residential space consumption of all German municipalities with 400 or more inhabitants. Almost 9,000 municipalities and 107 independent cities were analysed. The results show that popular holiday destinations in particular consume a lot of living space per inhabitant, but people in rural regions also have a particularly large amount of living space at their disposal. In the German metropolitan areas, on the other hand, people are moving closer together and living on less living space.
Housing market data Q4/2021: Indices continue to rise at the end of the year
The indices for the rental, condominium and detached and semi-detached house sub-segments continued to rise in Q4/2021. The relative increase in advertised rents, at 1.2% on the last quarter and 5.8% on the same quarter of the previous year, continued to lag well behind the development of purchase prices. Prices for condominiums rose by 2.9% compared to Q3, prices for detached and semi-detached houses even by 3.1% compared to the last quarter.
empirica housing market bubble index Q3/2021: Index continues to rise
The empirica housing market bubble index rises more strongly in the third quarter of 2021, especially in the completions sub-index, and somewhat less in the multiplier and price-income sub-indices. The overall index rises most strongly in the swarm cities, followed by the growth and shrinking regions.
Housing market data Q3/2021: Falling dynamics on the housing market
The empirica property price index for Q3 2021 is available just in time for EXPO REAL. The rise in rents in the swarm cities is easing somewhat. In the surrounding regions and some rural areas, on the other hand, rents are rising even more strongly, albeit from a lower starting level. A look at the following map shows the development of the last three years at district level for rents (all construction years).
Suburbanisation ... and still no end in sight?
In 2008, an article in the German journal Informationen zur Raumentwicklung (Information on spatial development) posed the question Suburbanisation … and no end in sight? 1 In 2021, this question can still be asked in exactly the same way, albeit against the backdrop of a completely different housing market situation than 13 years ago. Back then, the focus was on shrinkage, whereas today it is on the growing pains of cities.
Price Development of Curbed Apartments
Translated by Jan Grade Background In 2015 the so-called rent brake was introduced in some federal states in Germany. The aim of the initiative was to curb the price increase of newly contracted rents in prospering cities so that housing in these cities remains affordable even for middle and low-income households. At least that is how the draft law on the corresponding amendment to the tenancy law should be understood. ZEIT ONLINE has asked empirica regio to investigate the price development of newly advertised rental flats since the introduction of the rent brake in selected cities. However, the following evaluation is not a comprehensive study of the effects of the rent brake, but only an ad-hoc evaluation of the supply rents of individual cities.