Iran War Hurts Housing Prices, Interest Rates.

German building mortgage rates are rising due to the Iran-U.S. conflict. This affects homebuyers and the German housing market. Experts warn of vulnerability to geopolitical instability.

The German housing market has recently seen stability, but this is now threatened by the conflict between Iran and the U.S. Lenders are increasing borrowing costs because of rising construction costs linked to the conflict. Many new loans were approved last year, especially for multi-family homes. Rental prices are also increasing significantly, up to 20 percent in many cities. This shortage of apartments is impacting people’s ability to find housing.

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