Germany German cities show resilience
Residentialschedule 16 June 2023
Prof. Steffen Metzner, Head of Research Empira Group
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The Empira Group has conducted a supply analysis of the residential property market in Germany's top 8 cities in the context of demographic and economic developments. The results of this analysis show that residential markets in German metropolitan areas are moving away from ownership towards rental.
The analysis identifies common features as well as specific differences and perspectives for the residential property markets of Germany’s top 8 cities, each with more than 600,000 inhabitants.
The study criteria included demographic trends, economic development and employment patterns in the cities. The size of the housing stock, the volume of new construction and the volume of federal subsidies were also considered. In addition, the development of rents, valuation yields, and performance of
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