Striking Exaggerations: Bundesbank warns of inflated real estate prices in Germany

Also, if the dynamics have weakened in the cities of 2019, the prices of the fundamentally justified level of customized continues to be exceeded, write to the

Striking Exaggerations: Bundesbank warns of inflated real estate prices in Germany

Also, if the dynamics have weakened in the cities of 2019, the prices of the fundamentally justified level of customized continues to be exceeded, write to the guardians of the Euro in its monthly report released on Monday. In the cities in Germany, house prices were inflated according to this scale, 15 to 30 percent. The Bundesbank speaks of the "striking price exaggerations".

At the same time, the experts of the Bundesbank, noted that the price increase in the past year have weakened. "The price increase declined, especially rates in the German cities noticeably, and the growth rate for Germany was lower on the whole." As reasons, the Bundesbank announced the somewhat weaker demand for Housing at about a stable expansion of the housing supply.

Renting part so weak increased in 2010

The guardian of the currency, mention details of several price to your findings under the walls. For example, the prices for residential property according to Figures from the Association of German pfandbrief banks (vdp) would have increased in the past year to about 6.75 per cent, to about 7.75 percent in the previous year. According to the data provider, Bulwiengesa, prices have risen in 127 cities around 6 percent, about 2.75 percentage points in less than 2018. (Display)

apartments, houses and commercial objects.

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Not only the house prices, even Rents are, according to the Bundesbank somewhat weaker increased, at least in the cities. According to Figures from Bulwiengesa Rents rose as weak as the last in the year 2010. In Germany, a total of the Adjustments had been about as high as in the previous year, as data of the vdp showed.

study surprised: this is where real estate prices are rising faster than in Munich and Hamburg, FOCUS Online/Wochit study surprised: this is where real estate prices are rising faster than in Munich and Hamburg In FOCUS Online/Wochit In the

pom/dpa
Updated Date: 22 May 2020, 11:29

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