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German real estate rises on high demand, low loan rate

Posted on 24 April 2012

The current rise in German residential real estate prices after two decades in the doldrums could potentially continue for the next two to three years, says Standard & Poor’s today in the report: “Why Germany’s Rising House Prices Are Bucking The European Trend.”
“This is likely to be fueled above all by an excess of demand over supply especially in the Western part of the country, low interest rates, rising employment, and lower household debt than in most other European countries,” said Jean-Michel Six, Standard & Poor’s chief economist for Europe………………………………………..Full Article: Source


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