House prices: Bank predicts further decline

House prices: Bank predicts further decline

Various real estate platforms have recently indicated that the long-term decline in house prices in Germany may be coming to an end. Europace's EPX index showed price increases across all segments in March and spoke of a potential “turning point”. Credit broker Interhyp also recently reported a changing mood on the real estate market, seeing signs of slightly rising prices. However, Commerzbank contradicts this interpretation and predicts that the fall in house prices will continue for the time being.

Experts expect house prices could potentially fall by up to 10 percent, despite previous signs of recovery in the market. This decline could continue for a while before stabilization or recovery occurs. It is recommended that potential buyers and investors proceed with caution and keep a close eye on developments in the real estate market.

Although some market participants have been optimistic about the future of house prices, it appears that Commerzbank takes a contrary view and expects further weakening in the near future. This forecast could have implications for potential buyers who may want to wait before making a decision about purchasing a property.

It remains to be seen how house prices in Germany will develop in the coming months. Uncertainty in the market may continue and it is advisable that interested parties remain well informed and, where appropriate, seek professional advice in order to make informed decisions regarding property investments.