Construction costs are currently skyrocketing

With us too. The terraced houses in the neighboring town are rented very quickly, and the many new rental apartments have now decreased from 20 offers to only 2 within the last two months. There seems to be a high demand. Meanwhile, the condominiums for 4.5k per m2 have been on the market for about three quarters of a year. Of the 30 apartments, just under half are still available, even though the buildings will be ready for occupancy in spring and are in a very good city center location.

We closed somewhere within the increase, and I already see us as winners just because we somehow managed to pull the thing off at all. So loan approved, construction contract, bricks are up, windows are in, and the heat pump is already in stock at the builder. In today's times, that's quite the jackpot if you're into homeownership. :) We completed the financing at a time when a one-week difference in signing meant several hundred euros in interest per month. Those were wild times; you couldn't think for long.

So far I still feel like a winner

One question to the group:
Can those who completed everything before the interest rate hike and are now in the construction phase be the big winners or rather the losers?