bowbow91
2022-07-14 15:56:51
- #1
No wonder, interest rates are falling. They will go down even further. One should be on guard now.
Well, one should assume a certain delay. The KfW only lowered the interest rates on 10-year loans to below 3% yesterday; the market doesn't react that quickly. And even the currently "slightly corrected" level is still a hefty amount for the average person.
I think it also strongly depends on the trade. Especially plumbing and electricians have additional demand due to the energy crisis.
Some prefabricated house providers still have waiting times of 18 months; a workload for the next 1.5 years should therefore exist for some.
I think this year you won't notice much of it; it will probably become exciting only once the orders in the books have been worked off and those who still got cheap money for their projects are finished. One must not forget that interest rates were very favorable six months ago, and probably many (including us) are just starting to build with the cheap money and are still gathering offers.