Wiesbaden (dpa -Afx) – Despite all the debates about lack of housing, people in Germany live in more and more space. At the end of 2024, an average apartment was 94 square meters in size, and the residents had 49.2 square meters for the residents.
This is significantly more than ten years earlier, as the Federal Statistical Office reports. Since 2014, the living space per inhabitant has grown by 2.7 square meters, while apartments on average grew by 2.5 square meters. “On average, the apartments in Germany became larger,” the statisticians wrote.
Higher claims, larger apartments
The trend towards more and more living space has been around for decades – despite increasing real estate prices. According to the statisticians, the people still lived on average at just under 35 square meters per capita in 1991. The reason for the constant upward trend are social change, more prosperity and increases.
Even if the new building is weakening due to increased interest rates and building materials: the number of apartments has increased in 2024, as the statistics show. At the end of 2024 there were around 43.8 million apartments in Germany – 0.5 percent or 238,500 more than a year earlier. 2.5 million apartments were added in the ten -year comparison. More than half of the apartments (23.5 million) were eliminated on apartment buildings.
In cities in particular, the demand for living space is high, which the rents are constantly driving up. According to experts, hundreds of thousands of apartments are missing in Germany. The IFO Institute expects only 205,000 apartments to be completed this year. That would be around one fifth less than 2024 (around 252,000)/as/dp/men
Selected leverage products on Aroundtown Property
With knock-outs, speculative investors can participate disproportionately in price movements. Simply select the desired lever and we will show you suitable open-end products on Aroundtown Property
The lever must be between 2 and 20
Advertising