German Real Estate Developers Face Challenges Amidst...
International News
October 30, 2023
The real estate market, which has been robust for years, is showing signs of strain as higher interest rates make it more expensive for buyers to secure mortgages. This has led to a slowdown in the property market, impacting real estate developers who are witnessing a dip in demand. It remains to be seen how the market will adapt to these changing conditions and whether the trend of high mortgage rates will continue to affect the real estate sector in Germany.