Why don't construction prices go down?

Exactly where we’re headed. Well spotted.

Aren’t you the one who is constantly preaching about further rising interest rates?
How does that reconcile with deflation...?

I suspect that here simply - at least in part - the decreased raw material / material prices are being passed on. Giving up margin, that was a good one. :D

Where have material prices significantly dropped? Today there was in the mail: concrete + 8 euros net per cbm, diesel surcharge increased from 1.25 to 2.50 per cbm. Depending on the region, this results in a significant surcharge (in this example just under 10 euros, about 8%) at the turn of the year. And due to the tax increase, it affects every industry that supplies material.

At the turn of the year, it hits hard... Plus the again zero predictable government subsidies.

Where have material prices dropped significantly? Today, the mail said: concrete + 8 euros net per cbm, diesel surcharge increased from 1.25 to 2.50 per cbm. Depending on the region, this results in a considerable surcharge (in this example almost 10 euros, about 8%) at the turn of the year. And due to the tax increase, every industry that supplies materials is affected.

It’s really hitting hard at the turn of the year... Plus again zero foreseeable government subsidies.

That’s how it is, concrete, CO2, tolls, wages, etc.

Aren't you the one who constantly preaches about continuously rising interest rates?
How does that reconcile with deflation...?

Rising interest rates, falling prices = deflation.

Due to the continued price increases and thus rising inflation despite rising interest rates, interest rates will rise until prices fall. Inflation always comes in waves. There is no room for falling interest rates.

Received the notification today that the flat fee for the water connection is increasing monthly from 4 to 12 euros. A 200 percent increase just like that.
Electricity is more expensive due to grid fees, fuel is more expensive due to the CO² levy, inflation due to truck tolls.

Interest rate hikes yes, deflation maybe only towards the end of 2024.

Due to the continued price increases despite rising interest rates and thus further rising inflation, interest rates will rise until prices fall. Inflation always comes in waves. There is no room for falling interest rates.

And how do you explain then the factually already massively fallen interest rates? And the clear statement of the Fed to lower interest rates next year. And the statement of the ECB that the time of interest rate hikes is over? And the fact of the massively decreased inflation, which is already quite close to the target values again? Probably just a pub economist...

Life consists of full contradictions.