Real estate prices in Munich continue to rise: Knapp makes buying attractive

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"Entdecken Sie die aktuellen Trends auf dem Immobilienmarkt in Deutschland: Preisanstieg bei Bestandsimmobilien, attraktive Zinsen und wertvolle Kaufempfehlungen für Interessierte. Informieren Sie sich über den Interhyp-Immobilienpreis-Index und die Entwicklung der Marktpreise im dritten Quartal 2024."
"Discover the current trends on the real estate market in Germany: price increase for existing real estate, attractive interest and valuable purchase recommendations for interested parties. Find out more about the Interhyp-Immobilienpreis index and the development of market prices in the third quarter of 2024." (Symbolbild/MB)

ever higher real estate prices - if you are striking now, you can benefit!

The demand for living space shoots through the ceiling and brings the prices to breathtaking heights! In the third quarter of 2024, the real estate market in Germany presents itself as a hot patch, because the average purchase price for a property - lavish 461,000 euros - exceeds the previous quarter of almost one percent. The statistics climb: price boom, we are coming!

Exclusive insights into the price development

The price tag is becoming increasingly expensive, especially in the big cities! Whether Berlin (+0.4 percent) or Munich (+0.8 percent) - prices are increasing moderately, but in other metropolises such as Frankurt and Hamburg (+1.1 percent), Stuttgart (+1.2 percent), Cologne (+1.3 percent) and Leipzig even by remarkable 2.1 percent ! The general upswing also refers to a rich increase in 3.2 percent since the beginning of the year. A real boom!

prices in quick run

The comparison of price development gives a clear picture: inventory real estate fly from it in the price! An increase of 1.7 percent in real estate that was built before 1990, speaks volumes compared to the previous quarter. Houses and apartments are almost more expensive - by 1.2 percent for houses and around 1.1 percent for apartments. Old or new - the prices are hard to stop here!

Jörg Utecht, the boss of Interhyp, explains the situation: "The prices are only in one direction: upwards! So far there is no trend reversal in sight." The demand remains unbroken. The prices of older real estate in particular attract the majority of buyers - and with an inhibition!

interest profite attracts those interested in buying

Despite increasing prices, there is a bright spot - the interest rate. The average interest for ten -year loans are 3.25 percent , especially at and thus significantly cheaper than a year ago. A real win for everyone who now wants to take the step. A year ago, buyers paid a rich 4.25 percent and thus at least 270 euros more monthly!

With an average loan of 325,000 euros , buyers can currently expect a monthly rate of only 1420 euros . A tempting offer that nobody can ignore!

utecht also emphasizes: "With the stabilization of the financing conditions, the affordability has become significantly better. Anyone who has hesitated so far has the opportunity to strike." The renowned interhyp is at the top of this real estate madness and shows the genuine image of price development with your real estate price index!

Time is urging - if you want to take the chance of your dream house, you shouldn't torch too long. The prices seem to rise further, and the interest rate is the perfect moment to realize a dream!

also look at the latest trends on the real estate market and make the best decisions for your future!