Fewer real estate units for sale

(GermanPolicy.com) – The real estate supply in the Federal Republic of Germany is declining. As announced by the real estate agent ‘Homeday,’ there were around 277,000 properties for sale in the first six months of the year – around 41,000 fewer than in the same period of the previous year. The situation is related to the fact that interest rates are low. Reiner Braun, CEO of the ‘Empirica’ research institute, said: “For many owners, selling is out of the question because they don’t even know where to go with the money.”

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