Key Market Data — 2025/2026
Our Take
PTR of 24.2 · Data as of early 2026
Analysis
Berlin has long been a renter's city — historically low ownership rates (~15%) are a cultural norm, and a PTR of 24 means renting beats buying on pure cost grounds for most time horizons under 8 years. Property prices fell from their 2022 peak and have stabilised in 2024–2025, while rents have kept rising, slowly compressing the gap. Buyers who can afford the ~20% deposit plus ancillary costs (Grunderwerbsteuer 6%, notary ~1.5%) may find now a reasonable entry point, but the neutral-to-lean-rent verdict stands for most renters.
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