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Real Estate Briefing - Categorized | Finance, Market Moves more

Property price hike worries Germany

Posted on 19 November 2012

German property experts are locked in debate over whether the burst property bubble in Ireland, Europe and the US started new bubbles inflating in Germany’s seven big cities.
The cost of new apartments in these cities – lead by Hamburg, Berlin, Munich and Cologne – jumped 9 per cent last year, according to a Bundesbank report. The analysis matches anecdotal evidence of a booming German property market and a steady wave of German media reports about the rising real-estate prices………………………………………..Full Article: Source


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