The residential property market in Hamburg’s northeastern areas – particularly in Alstertal, the Walddörfer, and Rahlstedt including Marienthal – has returned to the continuity seen in the past, following roughly three years of turbulence. Many sales that were postponed between 2022 and 2024 due to falling prices, high interest rates, or general uncertainty around political conditions have since been completed or are currently underway as of autumn 2024. As a result, the initially rising supply was absorbed by the market relatively quickly – and in most property categories, especially apartments for rent and sale as well as high-end single-family homes and villas, supply can no longer meet the current demand...