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Berlin House Prices Fall

Discussion in 'German Property' started by Sumarokov-Elston, Nov 8, 2008.

  1. I am currently keeping an eye on a number of properties, because I am planning to buy myself.

    A flat that was previously 47,000 is now 44,500.

    This is the first time I have ever seen a Berlin price fall. I will add to this thread if I find any more (one swallow does not a summer make!)
     
  2. georgihh

    georgihh New Member

    how big is the flat and are you talking euros?
     
  3. pylon

    pylon New Member

    supply outweighs demand hugely in Berlin
     
  4. german ophile

    german ophile New Member

    Yes, I would say that the Berlin market is becoming increasingly dangerous. Perosnally, I would consider avoiding doing anything big for at least 12 months.
     
  5. neustria

    neustria New Member

    And just a few month's ago all of these people were saying that Berlin was definitely the place to be. How times change!
     
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