RUECKERCONSULT GmbH

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Münchner Immobilienmarkt 2026 – Wachstum trifft auf Engpässe und steigenden Transformationsdruck

Despite solid fundamentals, the Munich real estate market is showing growing pressure to adapt in 2026: rising financing costs, uncertain capital markets and structural bottlenecks are slowing down investment. In the residential segment, rents are rising amid declining construction activity, vacancies in the office market are climbing to around 10 percent, while prime rents in prime locations continue to rise. Experts emphasize the need for faster approvals, integrated development concepts and the revitalization of existing stocks.

Living in Potsdam: narrow market with space in the surrounding area

In Potsdam, the housing market remains tight, but at the same time prices differ greatly: maximum values in Berliner Vorstadt, Jägervorstadt and the waterfront locations are offset by more favourable levels in Satzkorn, Uetz-Paar and Grube; overall, market activity is stabilizing again. New projects such as the ParkVillen am Volkspark (completion by 2028, apartment prices 6,900–8,900 €/m²) and a family quarter in Beelitz expand the offer. From 2027, the development of the Kirchsteigfeld with around 1,000 apartments could bring additional relief.