Construction costs are currently skyrocketing

My neighbor (civil engineer who prepares reports for the banks) told me about (too) little work. The market has apparently collapsed suddenly.

A few family members work at the Sparkasse, and there the cases are accumulating in which financings that were actually ready to be signed were canceled because of the short-term increase in interest rates.

Don't the ready-to-be-signed financings care about the interest rate increases? Or does the Sparkasse adjust as it pleases up until the moment of signing?

Our GU (local, many construction projects in the region) reported a decline from April to June. However, for the past two weeks some have returned and even new ones have joined. Prices are currently stable - only the delivery times for some things (WP, solar, ...) are getting worse.

How is the 10Y swap currently developing? :)

Jumps between 1.78% and 1.75% after a jump to 1.8% took place on Friday. The interest rates are currently stable.

We still can't get a plot of land anywhere. :rolleyes:
So watching interest rates doesn't help us at all...