In 2023, household expenditure on housing rentals in Germany stood notably below the forecasted values for the subsequent years. The forecasts from 2024 onward indicate a consistent upward trend with incremental year-on-year growth, evidenced by a modest increase each year. From 2024 to 2028, the projected compound annual growth rate (CAGR) is around 1.1%, highlighting a steady increase in per capita spending on housing rentals.
Future trends to watch for include:
- Impact of housing supply limitations on rental prices.
- Government policies affecting the rental market.
- Economic factors like inflation and interest rates.
- Population growth and migration patterns influencing demand dynamics.
