Real Estate

Apartment prices fall, house prices rise: Berlin’s premium real estate market is divided into two

DAHLER analyzes ImmoScout24 data for Berlin: In the premium segment, house prices rose by 11.8% in Q1-2026 – more than in all top 7 cities; supply is growing, demand is falling by 22%. For premium apartments, supply increased by 19.8%, demand by 9%, and the median price fell to €8,875/m² (-5.7%).

Supply is growing, prices are falling: Frankfurt’s premium real estate market is becoming more buyer-friendly

A generational change is reviving Frankfurt's premium house market: older people are looking for more flexible forms of living, families are taking advantage of the larger offer. DAHLER reports more choice, falling prices and rising demand; despite higher interest rates, the premium segment remains stable, buyers are checking more closely.

Premium Real Estate in Hamburg: Supply Grows, Prices Remain Stable – More Choice Opens Up New Scope for Buyers, Demand Develops Differently Depending on the Segment

DAHLER analyzes Hamburg's premium real estate market Q1/2026: Supply is growing significantly, while prices remain stable. Demand for apartments increases by 18%, for houses it falls by 10%; Medians: €12,504/m² (apartments) and €10,913/m² (-1.7%) in the housing market.

More supply, less demand, higher prices: In no other top 7 city are prices climbing as much as in Stuttgart

DAHLER analyzes ImmoScout24 data: In Stuttgart, prices for premium apartments rose by 10% in Q1 2026 – the strongest growth among the top 7. Demand fell by 3%, supply grew by 10%. Prices for premium houses fell by 8.2%, while supply shrank by 5.3%.

Top 5 reasons to invest in data centers in 2026

Interest rates are dividing the housing market

The Munich condominium market picked up at the start of the year: contracts +8.8% to 1,485, cash turnover +6% to 792 million euros. The luxury class remains robust; In 2025, there were record deals of up to 26.5 million euros.

Avison Young Outlook H2 2026: The real estate market will be slowed down, but the recovery will not be completely slowed down

Avison Young sees a slowed but sustained recovery of the German real estate markets in the H2 2026 outlook: The Iran conflict and higher interest rates are dampening activity and prices. User markets remain cautious; Financing is sometimes reaching its limits. A complete stalling of the recovery is not expected.

JLL: Deficit in housing construction is higher than previously assumed

JLL sees new residential construction in 2026 at a historically low level: the actual deficit is around 80,000 apartments per year. Metropolises suffer from shortages, rural areas partly from oversupply; Record construction costs are depressing profitability, and initial signals remain fragile.