Low interest rates and not enough sites to build on have been increasing real estate prices in Germany for years.
Also in 2018, but now it is not just happening in the big cities.
In 2017, Germans also had to spend significantly more money to fulfill their dream of owning their own home. “The prices continue to rise,” said Peter Ache, branch manager of the working group of the expert committees of the German Press Agency.
In the working group the reports of the local expert committees come together. Unlike many market studies, they gain their insights from the actual sales contracts. The working group will present its next nationwide report at the end of 2019. Continue reading Houses and apartments get more expensive in Germany – even in the countryside