German house prices rise by slowest rate since 2014 – Bundesbank
Housing prices continue to rise but at slower rate, especially in major cities
House prices increased in Germany at a lower rate in 2019 than in 2018, according to a survey carried out by the Deutsche Bundesbank.
The study of residential property prices in 127 German cities says prices rose year on year by 6% in 2019, down from 8.5% in 2018. This is the lowest rate of growth since 2014, when prices increased by 5.7%.
The decline in the level of house price increases was especially strong in the main cities. In Berlin, Düsseldorf, Hamburg, Frankfurt am Main, Cologne
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