Heilbronn real estate market: Rental and purchase prices continue to rise

Heilbronn real estate market: Rental and purchase prices continue to rise

According to a report by www.stimme.de, rental prices continued to rise in many major German cities last year. According to an analysis by the real estate portal immowelt, the average asking rents for existing apartments rose by up to 10 percent in 56 of 80 cities examined. Prices in the state capital Stuttgart have also increased by 2.3 percent within a year. In Heilbronn, rents for existing apartments rose by an average of 6.3 percent and for new apartments by 3.9 percent compared to the same quarter of the previous year. The purchase prices for new apartments in Heilbronn only rose slightly by 0.3 percent, while the purchase of existing apartments became 1.6 percent cheaper compared to the same quarter last year. Home buyers in Heilbronn can also look forward to paying 0.8 percent less compared to the last quarter of 2022.

This evaluation shows that the real estate market in Heilbronn remains solid, as rental and purchase prices are increasing moderately compared to other major German cities. This is a positive sign for investors and owners who can continue to hope for good returns. As real estate prices rise, interest in residential real estate investments in Heilbronn is expected to continue to increase, which could stabilize the market in the long term and potentially lead to continued growth in the real estate sector. This could also contribute to further increasing the attractiveness of the Heilbronn region as a residential and investment location.