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In expensive big cities, rents no longer rise

Rental offer in Brandenburg an der Havel

The prices for existing apartments in Germany have increased significantly in recent years.

(Photo: dpa)

Frankfurt A limit has long been exceeded for the tenants’ association. “The rent burden in German cities is too high,” complained tenants’ association President Lukas Siebenkotten a few days ago.

A new study, however, now suggests that the market is calming down – at least for the time being. In view of the continuing rise in purchase prices, it is an alarm signal for real estate investors – and hopeful news for tenants.

As can be seen from figures in the rental compass published on Monday by the real estate portal “Immowelt”, asking rents in the third quarter of this year have remained stable in most cities compared to the previous quarter – and have fallen slightly in some metropolises.

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