Development and forecast

The Berlin real estate market has also made a cautious start to the new year 2023 due to the turbulence caused by interest rate developments and inflation, war in Ukraine, the shortage of energy and increased ancillary costs. However, contrary to assumptions, the capital’s housing market remains robust, and property prices across the entire urban area have continued to rise by 4.80% in 12 months, as of 02.01.2023. This puts Berlin against the trend in Germany. 

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