According to a new survey by Berlin Hyp, the development of interest rates is causing concerns among managers in the residential asset class. The level of interest rates is the most defining factor for this year. Further results of the survey: In order to create affordable housing, most respondents believe that making building law more flexible is the best way (70%), and 65% mention the provision of subsidies as a suitable measure.
Comment by Dirk Hasselbring
The ECB recently increased the key interest rate by a further 25 basis points or 0.25 percent. The purpose is still to combat inflation. On the one hand, inflation has fortunately passed its peak, but is still stubbornly far from the target of around two percent per year. Despite the fight against inflation, the ECB must ensure that the difficult balance between growth and price stability is maintained. Under certain circumstances, we may see a reversal in interest rates from the end of 2023. This in turn would of course also create new dynamics in the real estate markets.
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d.i.i. Deutsche Invest Immobilien AG