New construction: Rent, buy, live? Construction, financing and industry – facts

New building – What does a new building cost on average? How much does an average detached house cost? We give answers to your most frequently asked questions! As a real estate agent many questions reach us. Buying or building? What is really worthwhile? Here you will find important and interesting information on the topic of new construction of real estate. Tip! Read more about Buying an apartment and Building a house.

Rent, buy, live

  1. Buy or build? Survey
  2. That’s how long you work for your home
  3. Building land pushes up the price
  4. Ground tax in comparison

Buy or build? Survey

Would you rather buy an existing property or build a new one?

  1. Acquire existing real estate – 47%
  2. Build new – 38%
  3. Rent preferred – 9%

Statistics: Would you rather buy an existing property or build a new one? | Statista
More statistics can be found at Statista

There is always building! Take Frankfurt, for example. Especially after the brexite and its effects, the inner city is booming.

That’s how long you work for your home

This chart shows how much net annual income one would have to spend on 100 square metres of residential property in the ten largest German cities.

More statistics can be found at Statista

Building land drives up the price (land prices)

The chart shows the development of land prices for plots of land for individual development.

More statistics can be found at Statista

Ground tax in comparison

The rundsteuer is levied on property, but also on hereditary building rights to land, the so-called substance tax. The assessment basis for the land tax is usually the value of the property. The tax rate is usually set at the municipal level. This infographic shows the tax revenue of German municipalities by type of tax (in billion euros).

More statistics can be found at Statista

Residential buildings: buy, build, rent

  1. Number of newly constructed residential buildings
  2. Housing construction after new construction and renovation
  3. Building permits for apartments
  4. Approval volume (residential construction)
  5. Completion of housing
  6. Structure of the construction volume according to construction areas
  7. Focus: Commercial real estate
  8. Let the property: Housing needs
  9. Turnover: purchase / sale, brokerage and administration

Number of newly constructed residential buildings

Number of newly constructed residential buildings in Germany by federal state in 2017 and 2018 (in 1,000)

Statistics: Number of newly constructed residential buildings in Germany by federal state in 2017 and 2018 (in 1,000) | Statista
More statistics can be found at Statista

Residential construction after new construction and renovation

Structure of residential construction after new construction and renovation in Germany in the years 2001 to 2018.

Statistics: Structure of residential construction after new construction and renovation in Germany in the years 2001 to 2018 | Statista
More statistics can be found at Statista

New building in Düsseldorf. A whole housing estate with exclusive freehold flats is being built here.

Building permits for apartments

Number of approved dwellings in residential and non-residential buildings in Germany in the years 1995 to 2018.

Statistics: number of approved flats in residential and non-residential buildings in Germany in the years 1995 to 2018 | Statista
More statistics can be found at Statista

Approval volume (residential construction)

Here you can see, looking back over 18 years, the development of the approval volume for new residential and non-residential buildings in Germany in the years 2000 to 2018 (in billion euros). In 2018, the last measurement, there was another big leap forward. There will be a lot of investment to create living space.

Statistics: Approval volume for new residential and non-residential buildings in Germany in the years 2000 to 2018 (in billions of Euros) | Statista
More statistics can be found at Statista

Construction completions of apartments

Construction completions of dwellings in residential and non-residential buildings* in Germany in the years 2001 to 2018 (in thousands).

Statistics: Construction completions of flats in residential and non-residential buildings* in Germany in the years 2001 to 2018 (in thousands) | Statista
More statistics can be found at Statista

Structure of the building volume according to construction areas

What else is being done in housing construction? Here you can see the structure of the construction volume according to construction sectors in Germany in 2018.

  1. Residential construction – 56.8%
  2. Commercial building construction – 25.5%
  3. Commercial civil engineering – 8.9%
  4. Public civil engineering – 8.7%
  5. Public buildings – 5.1%

Statistics: Structure of the construction volume according to construction areas in Germany in 2018 | Statista
More statistics can be found at Statista

Focus: Commercial real estate

Number of approved commercial construction projects in Germany by building type in 2017 and 2018.

  1. warehouse building ~ 6.000 building projects
  2. Agricultural farm buildings ~ 5,000 building projects
  3. Factory and workshop buildings ~ 3,500 construction projects
  4. Office and administration buildings ~ 2,000 building projects
  5. commercial buildings ~ 1,300 building projects
  6. Hotels and restaurants ~ 700 construction projects

Statistics: Number of approved building projects* in commercial construction in Germany by building type in the years 2017 and 2018 | Statista
More statistics can be found at Statista

Let property: Housing requirements

You can live in your own property yourself or you can rent it out. With the current housing shortage, this is a good prerequisite for increasing rental income. Because as always, supply and demand. The chart shows the share of annual building completions in 2016-2018 in the annual demand in the period 2016-2020.

  1. Frankfurt am Main Coverage / year at 78%
  2. Berlin coverage / year at 73%
  3. Munich Coverage / year at 67%
  4. Stuttgart Coverage / year at 56%
  5. Cologne Coverage / year at 46%

More statistics can be found at Statista

Prices for first-time rentals: comparison

The chart shows the cold rents for first-time rentals in top 7 cities per square metre.

  1. Munich from 12.96 Euro to 17.42 Euro (+ 4.46 Euro)
  2. Stuttgart from 10.00 Euro to 14.21 Euro (+ 4.21 Euro)
  3. Frankfurt from 11.57 Euro to 14.18 Euro (+ 3.01 Euro)
  4. Hamburg from 12.00 Euro to 13.16 Euro (+ 1.16 Euro)
  5. Düsseldorf from 8.62 Euro to 12.55 Euro (+ 3.93 Euro)
  6. Berlin from 7.05 Euro to 12.40 Euro (+ 5.35 Euro)
  7. Cologne from 9.12 Euro to 12.39 Euro (+ 2.59 Euro)
  8. Comparable value: Germany from EUR 6.99 to EUR 9.58 (+ EUR 2.59)

More statistics can be found at Statista

new construction & investments in Europe: France, Italy

  1. Housing construction in Italy
  2. Housing construction in France

Residential construction in Italy

Investments in residential construction in Italy from 1995 to 2009 (in million euros).

Statistics: Investments in residential construction in Italy from 1995 to 2009 (in million euros) | Statista
More statistics can be found at Statista

Residential construction in France

Investments in residential construction in France from 1995 to 2009 (in million euros).

Statistics: Investments in residential construction in France from 1995 to 2009 (in millions of euros) | Statista
More statistics can be found at Statista