28.11.2012 - Germany’s housing market is ‘flying’ – But is it a bubble?
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
Print