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German residential real estate +1.4 pct y/y in Q3

Posted on 16 November 2010

From Ibtimes.com: German residential property prices rose in the third quarter, data showed on Monday in a sign real estate had benefitted from the country’s robust economic recovery and strong labour market.
Prices for owner-occupied housing rose 1.4 percent year-on-year, figures from the VDP association of German mortgage lenders showed, after posting a 0.7 percent increase in the previous three month period……………………………………….Full Article: Source

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