In the Bavarian capital, the prices for condominiums rose by eight percent.
(Photo: dpa)
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Frankfurt The corona crisis has not slowed the price increase on the real estate market – on the contrary. In the last year of the crisis, the purchase prices of condominiums in 75 of the 81 major German cities climbed further, in some cases by more than 30 percent.
This is the result of a current evaluation of the online portal Immowelt, which has examined the development of the asking prices for condominiums with 40 to 120 square meters on its website. The prices reflect the median of the apartments offered on immowelt.de in 2019 and 2020.
Accordingly, Munich is by far the most expensive city. Here, after an increase of eight percent, buyers currently have to pay 8,150 euros per square meter. In 2019, the median was still 7580 euros.
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