Real estate prices rise again: Bremen construction loans in the upswing!

Real estate prices rise again: Bremen construction loans in the upswing!

In Bremen, the real estate landscape remains exciting. Michael Eilers, the private customer board member of Commerzbank Bremen, recently emphasized that the demand for construction loans should put on again in autumn. Despite the rising real estate prices, many buyers are unimpressed. A trend that is due to the strong increase in interest in 2022, which surprisingly met and led to the fact that numerous new construction projects were either delayed or completely inflated. But now that the key interest rates of the European Central Bank (ECB) have been reduced, it is easier for the banks to react to falling savings interest, even if these positive effects are only noticeable in construction loans, such as

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Overall, it can be seen that developments in the real estate industry are influenced not only by interest rates, but also by other wider trends. The influence of the key interest rate on the building interest is complex-a fact that drklein.de . Building financing interest often reacts faster than the key interest rate and depend heavily on supply and demand on the capital market. International investors and geopolitical conflicts also have a significant impact on interest rates.

An exciting quarter is about to be awaited and it remains to be seen how the situation on the Bremen real estate market will develop, while the general demand remains high despite skepticism.