Europe is currently experiencing a turbulent economic environment. Traditionally, there is a high correlation between macroeconomic developments and the respective real estate markets. At present, falling housing permits, which are synonymous with growth and investment activity among private households, are becoming the focus of political, economic, and public attention: "too expensive," "too slow" and, above all, "too few”.
For European residential construction, the overall picture looks bleak. This mixed situation can be explained primarily by the significant rise in interest rates: higher financing costs are not only having a negative impact on current transaction activity but are also increasing the
For European residential construction, the overall picture looks bleak. This mixed situation can be explained primarily by the significant rise in interest rates: higher financing costs are not only having a negative impact on current transaction activity but are also increasing the
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