Thu, Apr 24, 2014
A A A
Welcome hendrik.absolut
RSS

Real Estate Briefing - Categorized | Finance, Market Moves more

German property price gains ‘lost vigor,’ Central Bank says

Posted on 19 February 2013

German property price gains “lost some vigor” in 2012 as the cost of new homes rose more slowly, according to the country’s central bank. Home values in Germany’s 125 largest cities in 2012 increased by 5 percent, the same pace as a year earlier, the Bundesbank said in a report published today, citing data compiled by research firm BulwienGesa AG. The gains may pose economic risks, even though real estate lending remains moderate, the bank said.
“We must be vigilant,” Board Member Andreas Dombret said in a prepared speech. “International experience shows that the early phases of overheating can exist along with low lending growth.”……………………………………Full Article: Source

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed

 Article link

This post was written by:

Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


Contact the author

Comments are closed.

banner
banner
April 2014
M T W T F S S
« May    
 123456
78910111213
14151617181920
21222324252627
282930