The value of real estate is likely to drop to a low point in 2024, and a more stable market environment will gradually ensure a convergence in buyer and seller price expectations. We expect growth in the investment volume of around 20% compared with 2023.“While event risk remains high, 2024 appears to be a pivot point, moving towards greater liquidity in real estate markets. Though there are good reasons why investors have been hesitant, we're moving towards a period where there's greater clarity. It should be an opportune time to buy.”A Reuters survey of housing analysts in May 2022 led to predictions of a 7% increase in 2022, a 3% increase in 2023, and a 2% increase in 2024. Real estate in some German cities is cheaper compared to other European cities.

What is the trend in real estate in Germany : House prices in Germany declined in 2022 and have since been on a downward trend. In the second quarter of 2023, the house price index plummeted by about 16 index points from the peak of 166 index points in the same quarter in 2022. This has been the first serious price correction in more than 10 years.

Is it good time to buy property in Germany

Is 2024 a good time to buy a property in Germany After a turbulent year, the German housing market shows few signs of recovery. According to experts, market trends may only worsen in 2024. Deutsche Bank already predicted in 2021 that the boom in the German real estate market would end by 2024.

Will German house prices fall : Figures from the Kiel Institute for the World Economy (IfW) have revealed that the cost of property on the German housing market saw the sharpest drop in 60 years during 2023.

European real estate investment offers numerous opportunities for investors seeking stable returns and diversification. The continent boasts a rich and diverse market with a wide range of property types, including residential, commercial, and industrial properties.

Europe. Europe's hotel and tourism sector is poised to gain further momentum in 2024, with domestic and short-haul leisure travel remaining the primary drivers of hotel demand. Additional tailwinds will come from a rise in international long-haul leisure travel from Asia.

Are real estate prices dropping in Germany

FRANKFURT, March 22 (Reuters) – Residential property prices in Germany dropped 8.4% in 2023 from a year earlier, data on Friday showed, in a further grim sign for the real-estate sector in Europe's largest economy.Is 2024 a good time to buy a property in Germany After a turbulent year, the German housing market shows few signs of recovery. According to experts, market trends may only worsen in 2024. Deutsche Bank already predicted in 2021 that the boom in the German real estate market would end by 2024.The bubble has burst." For years, the property sector in Germany and elsewhere in Europe boomed as interest rates were low and demand strong. But a sharp rise in rates and costs has put an end to the run, tipping developers into insolvency as bank financing dries up and deals freeze.

Historical Data

Date	Value
March 31, 2024	2.35%
February 29, 2024	2.33%
January 31, 2024	2.18%
December 31, 2023	2.10%

Is it worth buying a house in Germany now : In the current market situation in Germany, owning a property increases your net worth. This is due to the fact that demand for housing far outweighs supply (even with interest rates on the rise) meaning property prices will most likely continue to increase in the next two years and certainly over the long term.

Which European country is best for real estate investment : Buying Property in Europe 2024: Expats Guide to the Best Places

• Valencia, Spain.
• Valletta, Malta.
• Limassol, Cyprus.
• Paris, France.
• Davos, Switzerland.
• Milan, Italy.
• Krakow, Poland.
• Berlin, Germany. Berlin, Germany's capital, is a dynamic metropolis known for its rich history, cultural diversity, and thriving arts scene.

What is the outlook for real estate in Europe

The European real estate market looks poised to recover after the recent period of price correction, with interest rates moving beyond their peak, solid occupier fundamentals and diminishing development pipelines. We expect 2024 to be an exceptional vintage year for real estate investment.

In 2021, the average life expectancy at birth in the EU was 80.1 years, but the latest figures are relatively lower when compared to 2020 and 2019, probably as a result of the sudden increase in mortality because of the COVID-19 pandemic, according to data from Eurostat, the statistical office of the EU.- The global hotels market was projected to attain US$ 628.4 billion in 2021. It is anticipated to garner an 8.1% CAGR from 2022 to 2031 and by 2031, the market is likely to attain US$ 1.27 trillion by 2031. In 2021, the global hotels market had substantial growth in both revenue and occupancy.

Is Germany a good place to invest in real estate : German real estate is a liquid asset: residential property prices grow by an average of 1,9% every quarter. Residential and commercial properties can be rented out and resold for profit. Will German house prices fall On the contrary, German house prices increase by 5—10% each year.