10 11
HOUSING MARKET
POPULATION INCREASE -
TrendHistorical Forecast
Source: JLL, CBRE Berlin Hyp (2017)
SUPPLY -
Mi FK Pa CW Sp SZ TS Nk TK MH Li Re B
8,500
8,000
7,500
7,000
6,500
6,000
5,500
5,000
4,500
4,000
3,500
3,000
2,500
2,000
1,500
Purchase prices (in /sqm)
Number of listings per 1,000 units in existing stock
10
9
8
7
6
5
4
3
2
1
0
upper 10% upper 25%
median
lower 25% lower 10%
number of listings
Purchase price bands for condominiums
Mi FK Pa CW Sp
Nk TK MH Li Re B
Mitte Friedrichshain-Kreuzberg Pankow Charlottenburg-Wilmersdorf Spandau
Neukōlin Treptow-Köpenick Marzahn Hellersdorf Lichtenberg Reinickendorf TotalSZ
TS Steglitz-Zehlendorf Tempelhof-Schöneberg
PURCHASE PRICE BANDS FOR CONDOMINIUMS -
SALES AND RENTAL MARKET -
According to the Secretary of State for Construction and Housing there is a requirement for 20,000 unit completions per annum up to 2030. Berlin s housing market is structurally undersupplied with an estimated 15,000 completions in 2017 and an increasing backlog of at least 80,000 units.
Population growth and a booming economy remain the primary demand drivers in Berlin s residential real estate market. The population grew by over 320,000 people between 2006 and 2016, and is expected to rise by another 200,000 by 2030.
DEMAND -
Berlin s sales and rental markets are characterised by profoundly low levels of supply and increasingly high levels of demand. This has continually pushed up rental and sales prices over the past several years, especially in central, high population density areas such as Mitte.
TOP MARKET SEGMENT YEAR-ON-YEAR GROWTH IN 2017 -
CAPITAL APPRECIATION
10.7%
RENTAL GROWTH
11.4%
Source: JLL, CBRE
HOUSING MARKET
