Construction costs are currently skyrocketing

  • Erstellt am 2021-04-23 10:46:58

-LotteS-

2022-07-14 15:55:29
  • #1


What are the short-term forecasts there? I have the impression that it is currently the calm before the storm... Building material prices are stagnating or slightly decreasing, while product availability is increasing. Major suppliers are again offering 4-week price guarantees - interest rates are falling slightly but steadily... Offers from the industry are coming somewhat faster again and you less often get the response "price applies at delivery time, deliverable between autumn and Easter"... This probably won't last much longer, right? Being able to finance below 3% would almost be a blessing, when a few weeks ago it was nearly 4%...

A different question: Are there currently any subsidies from the KfW that one could use in the course of a new build? Photovoltaics or the like?
 

bowbow91

2022-07-14 15:56:51
  • #2


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.
 

hauskauf1987

2022-07-14 16:25:56
  • #3


Where have they gone up? Down 0.35% in a few days.
As a buyer, I would definitely closely monitor the interest rates over the next few weeks
 

Axolotl2022

2022-07-14 16:29:36
  • #4
I don't look at any broker sites, but at the refinancing rates we have as a bank ourselves. So swap mid rates for 10 years.
 

Allthewayup

2022-07-14 16:29:52
  • #5
It's no joke! The "standard" is priced at 300€ and it looks like the toilet at a highway rest stop. The kind that tapers toward the drain. Nobody installs that anymore nowadays. I still believe they didn’t remove the price tags because of constant price adjustments, but for reasons of comparability and transparency. For 600€ you can get a very, very good toilet at a specialist sanitary retailer and not just one that is a step above the absolute minimum, and that applies across the board with this supplier for sanitary products, but see for yourself: WC - 600€ (234€) Shower drain channel - 600€ (178€) Push-button set - 100€ (49€) Matte stainless steel faucet - 240€ (99€) Single washbasin - 150€ (68€) Double washbasin - 500€ (249€) Under-counter single - 250€ (88€) Under-counter double - 900€ (599€) Concealed mixer - 600€ (230€) Rain shower 20x20 - 250€ (110€) Rain shower 30x30 - 300€ (160€) Shower head 180€ (80€) Towel radiator - 800€ (600€) All prices are net prices per piece! Several small items such as the hand shower diverter, angle valves, etc., are still missing. The prices in parentheses are online prices from reputable online retailers (not marketers for marketers from marketer-land). As I said, back then we were at about 9k gross and today at 14k gross, although I don’t know the new individual prices for this now. You already know our reaction to that.
 

guckuck2

2022-07-14 16:33:51
  • #6
Sanitary mafia, really. But that was already the case before Corona, the energy crisis, etc.
 

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