2024 Promises Significant Changes for Germany
2024 looks set to be a significant period for Germany, marked by a series of substantial changes. Here’s a comprehensive overview of what lies ahead for the country in the near future.
2024 looks set to be a significant period for Germany, marked by a series of substantial changes. Here’s a comprehensive overview of what lies ahead for the country in the near future.
In a recent study conducted by the researchers at the University of Freiburg, the SKL Glücksatlas (Happiness Atlas) delved into the happiness levels of residents in various German cities.
Germany, having experienced the end of a decade-long housing boom, is currently grappling with challenges that demand a strategic approach to overcome difficulties in the real estate sector.
According to data from the German government, the average cost of houses and apartments fell by 9.9 percent compared to the previous year, marking a record decline since data collection began in 2000.
The cost of renting accommodation in Germany continues to rise, but there are still several cities where reasonable rental prices can be found.
The German real estate sector will request billions of Euros as government support during the upcoming meeting with Chancellor Olaf Scholz, as reported by Reuters (citing sources familiar with the matter).
Rent levels have risen by more than 7 percent across Germany since the beginning of 2023.
In the 4th quarter of 2022, prices in the Berlin real estate market were recorded to fall, caused by the decision of the European Central Bank to carry out a series of interest rate hikes.
Since 2005, the real estate agency EW Immobilien Real Estate GmbH offered a full range of services related to searching, purchasing and managing real estate in Germany. For more than 10 years we have been representing the interests of local owners as well as buyers from all around the world.
© EW Immobilien Real Estate GmbH – All Rights Reserved.