Today I visited the provider for terrace roofing again after the newsletter advertised 30% off only for tomorrow.
Chronicle:
First offer at the end of 2022: ~25k
Second offer in mid-2023: ~22.5k
Offer today: a flat 19k
Furthermore, the fence builder is throwing around a 20% discount and the pool builder also independently reduced the price by a good 18% overall.
Since I have been comparing all three trades for a while and following the newsletters, a price decline is already emerging, which is based on the already generous base prices due to the hefty discounts, but there is movement nonetheless.
I have still not commissioned any of the trades because I am firmly convinced that it is only a matter of time until there are even more discounts. Is it immoral to speculate on that? I don’t think so.
A friend told me yesterday that his shell construction is coming in 28% cheaper than 14 months ago. Another reported 10% cheaper than the offers from last year.
The BR recently published a video about insolvencies of several developers in Munich. Yesterday the insolvency of a larger developer from Düsseldorf was announced who were supposed to build a huge residential complex in our city. These will be tough times for the industry.