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Germany’s housing market is ‘flying’ – But is it a bubble?

Posted on 28 November 2012

Even as some housing markets in Europe have cratered, Germany’s housing market has gone from strength to strength, particularly in its cities, as a result of low interest rates and high demand.
Though the phenomenon has prompted fears that Germany was heading for a housing bubble, property experts told CNBC that the strongman of Europe is safe, for now. In a report on global housing markets, Goldman Sachs called Germany a “high flyer” and noted a sharp increase in property prices in the country after an era of notably quiet and stable prices………………………………………..Full Article: Source

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