real estate price
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real estate price
The amount of money that must be paid to buy or rent a property, such as a house, an apartment, or a plot of land.
In den letzten Jahren sind die Immobilienpreise in den Großstädten stark gestiegen.
In recent years, real estate prices in major cities have risen sharply.
The word is made up of 'die Immobilien' (the plural of 'die Immobilie', property/real estate) and 'der Preis' (price). So it literally means 'the price of real estate'.
Der hohe Immobilienpreis macht es jungen Familien schwer, ein Haus zu kaufen.
The high real estate price makes it difficult for young families to buy a house.
Immobilienpreise (real estate prices) are often combined with verbs such as 'steigen' (to rise), 'fallen' (to fall), 'sinken' (to drop), or 'explodieren' (to explode). Typical adjectives are 'hoch' (high), 'niedrig' (low), 'stabil' (stable), or 'erschwinglich' (affordable).
Die Immobilienpreise in Berlin sind in den letzten zehn Jahren stark gestiegen.
Real estate prices in Berlin have risen sharply over the last ten years.
Although 'Preis' (price) usually makes you think of buying, the term 'Immobilienpreise' (real estate prices) is often also used for trends in rental prices. The context makes clear whether purchase prices or rental prices are meant.
Die Zeitung veröffentlichte einen Artikel über die Entwicklung der Immobilienpreise für Mietwohnungen.
The newspaper published an article about trends in real estate prices for rental apartments.
rent
'die Miete' and 'der Immobilienpreis' both have to do with money for apartments, houses, or plots of land. 'Miete' means the amount you pay regularly for use, usually every month. 'Immobilienpreis' is more general and can mean the purchase price or also the price of renting, often when talking about the market. Learners may confuse the words because both occur in the context of housing. When it is about the tenant's monthly payment, 'Miete' is more precise. When comparing prices on the housing market, 'Immobilienpreis' fits better.
Am Montag liest Nina, dass der Immobilienpreis in der Stadt weiter steigt.
On Monday, Nina reads that the real estate price in the city is continuing to rise.
Um Geld zu sparen, sucht er eine Wohnung mit niedriger Miete.
To save money, he is looking for an apartment with low rent.