New construction prices are increasing: The cheapest districts in Berlin and Leipzig

New construction prices are increasing: The cheapest districts in Berlin and Leipzig

New construction prices in Berlin and Leipzig: An analysis of the development and effects on the local communities

The real estate markets in Berlin and Leipzig experience significant changes that affect not only investors, but also the broad population. A current analysis by Immoscout24 shows how the prices for new building properties in these cities have developed over the past year and which districts are particularly emphasized. These developments are not only a question of economic interest, they also influence the social structure of the cities.

In Leipzig, one of the highest price increases of around 76 percent is recorded in new apartments. This is a clear sign of the growing demand for new living space in this city. The price per square meter for new apartments is on average 4,971 euros , which is considerably cheaper compared to Berlin. Particularly high growth can be found in the districts northeast and nord , where the prices for 4.9 and 4.2 percent

In Berlin, on the other hand, a differentiated picture is shown. Here, the prices for new apartments have increased on average to 6,471 euros per square meter, which corresponds to an increase in 5.1 percent compared to the previous year. The top runners In the price increases, the districts Steglitz-Zehlendorf , Spandau and Marzahn-Hellersdorf with increases up to 7.1 percent . For many locals, these developments mean that access to new living space is increasingly difficult.

The increasing demand for new building properties has a variety of effects on the communities in both cities. While investors benefit from rising prices, many families and individuals are faced with increasing pressure to find affordable living space. The district Marzahn-Hellersdorf , known for its comparatively affordable prices, has proven to be an attractive option for many seekers. Here the square meter price for new apartments is at 5,500 euros , which makes this district one of the most affordable options in Berlin.

The importance of these price trends becomes particularly clear when comparing the development in both cities. In Leipzig, where the market for new building properties is less tense, an increase of 3.5 percent is determined at prices for new building industrial houses. In the districts Südost and Süd , the price increases are strongest. In comparison, the prices in Berlin only increase by 2.4 percent

Nevertheless, the situation is not just a sign of the success of the real estate market; It also indicates the challenges that result from the unequal distribution of resources and living space. The rising prices in popular districts promote a displacement of low -income groups, which could increase social tensions within the cities. Gesa Crockford, Managing Director of Immoscout24, warns of the possible consequences of these developments: "The demand for new building properties in Berlin and Leipzig increases again. Our analysis shows that large price differences exist within the districts and the prices develop dynamically."

It remains to be seen how politics, urban planning and investors will react to these price changes. The challenge will be to find a balance that does justice to the demand and promotes social cohesion in cities.