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Der Neubau konventionell gefertigter Wohngebäude kostete im August 5,5 Prozent mehr als im Vorjahr.
Das Bauen in Deutschland ist erneut deutlich teurer geworden. Der Neubau konventionell gefertigter Wohngebäude kostete im August um 5,5 Prozent mehr als im Jahr zuvor, wie das Statistische Bundesamt in seiner vierteljährlichen Auswertung mitteilte. Einen noch höheren Anstieg gab es zuletzt im Sommer 2023 mit 6,3 Prozent. Im Mai waren es fünf Prozent gewesen. Alle Preisangaben beziehen sich auf Leistungen am Bauwerk samt Mehrwertsteuer.
Deutschlandweit werden weniger Wohnungen gebaut, als nötig wäre. Das gilt vor allem für Großstädte. Stetig steigende Baukosten gelten als eines der Haupthemmnisse. Auch die Bauzinsen sind zuletzt gestiegen, was zu Zurückhaltung bei Privatpersonen und bei großen Investoren führt.

The Federal Ministry of Construction is increasing funding for energy-efficient new buildings following high demand. The KfW supports low-interest loans for EH-55 houses with renewable energies until the budget is exhausted.

Construction prices in Germany rose more sharply in August than they have seen since the summer of 2023. Conventional housing increased in price by 5.5 percent compared to the previous year, further exacerbating the shortage of new apartments.

Interest rates on building financing have risen significantly in Germany and the USA, making purchasing property unaffordable for many. In Germany, interest rates are around 4.5 percent for ten years and just under five percent for a fixed interest rate of 20 years. In the USA, the average interest rate for a 30-year fixed-rate mortgage is 7.49 percent, the highest level since November 2023. The higher financing costs reduce purchasing power and shift demand from the purchase to the rental market, especially in German cities. Project developers and professional investors are particularly affected, while the US housing market is experiencing an affordability crisis due to high interest rates and increased house prices.
87-year-old Maricarmen Abascal had to leave her apartment in Madrid after the rental agreement expired and the new rent was charged more than three times as much as before - an amount higher than her pension. Residents show their solidarity with candles, flowers and messages of gratitude.

According to an EY Parthenon study, the German real estate market is at risk of a shakeout. A quarter of the financing will mature in the next two years, while banks expect prices to fall and interest rates to rise.

The 87-year-old Spanish activist Maricarmen Abascal has died after being evicted from her apartment in Madrid and undergoing hospital treatment. Her case sparked nationwide protests against the rent explosion in Spain.