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Hamburg (dpa / lno) - The prices for residential real estate in Hamburg and the surrounding area continue to rise despite the corona pandemic.
"The downturns in price developments expected by many due to the effects of the Covid-19 pandemic have not yet occurred," said the CEO of LBS Bausparkasse Schleswig-Holstein-Hamburg, Jens Grelle, on Wednesday at the presentation of the real estate market atlas 2021. Accordingly, increased The average real estate prices in 2020 in Hamburg and the surrounding area increased by seven to almost 14 percent compared to the previous year.
The biggest jump with 13.8 percent was made by the prices for new houses in the Hanseatic city.
Existing houses have become 7.2 percent more expensive.
Newly built apartments cost an average of 12.3 percent more than a year ago, and existing apartments 13.3 percent more.
There were also double-digit growth rates in the surrounding area: Existing houses and apartments have become 11.1 and 11.2 percent more expensive compared to the beginning of 2020.
New houses cost 12.8 percent more.
Only in the case of new apartments was the price increase in the surrounding area, at 8.5 percent, in the single-digit range.
© dpa-infocom, dpa: 210331-99-41089 / 2