The value of commercial real estate in Germany decreased by 5.4% in 2024, the VDP banking association reported. This is less than in 2023, when the drop was 10.2%.
Prices went down for four consecutive quarters, but by the end of the year there were signs of stabilization. In the 4th quarter, the first quarterly growth of 0.5% was recorded since the beginning of 2022.The German real estate sector is trying to recover from the most serious crisis in recent decades.
Source: Global Banking and Finance Review
