Real Estate Analysis: September 2026

🏠 Residential Real Estate In September 2026, the residential real estate market finds itself in a phase of consolidation. Following the significant corrections of the years 2023 to 2025, prices in most metropolitan areas have stabilized at a lower level. Demand for housing remains structurally high, driven by urbanization, immigration, and a continuing trend toward smaller households. At the same time, the reluctance of private buyers to purchase has not yet been fully overcome, as interest rates remain elevated by historical standards and ancillary costs continue to weigh noticeably on buyers. In the rental segment, the tight situation in sought-after locations persists; vacancy rates remain at a low level, and rent development follows the general inflation dynamic with a slight delay. Overall, the residential sector presents itself as comparatively robust, albeit with dynamics that diverge sharply from region to region. 🏢 Commercial Real Estate The commercial real estate market remains differentiated in September 2026. Office properties continue to face adjustment pressure, as hybrid working models have permanently reduced demand for space. In prime locations with modern amenities and strong ESG compliance, rents and letting …