Private housing prices keep increasing in Germany
(MENAFN)
The institute for urban, regional and housing research (GEWOS) for the German news agency (DPA) released an evaluation on Monday showing that Germany saw the apartments and houses prices post continued rises in the third quarter of the earlier year of 2019.
The GEWOS evaluation said that the square meter prices stood at an average of USD2,273, freehold apartments prices in the country rose 8.2 percent in comparison with a year earlier.
GEWOS managing director Carolin Wandzik said to DPA that the private property prices saw their expansion rate undiminished for the third consecutive year.
The director said that "In the seven largest German cities, there is no sign of the momentum slowing down either".
The offer prices for apartments rose 9 percent in the year in Berlin Hamburg, Munich, Cologne, Frankfurt, Stuttgart and Dusseldorf cities.
The institute for urban, regional and housing research (GEWOS) for the German news agency (DPA) released an evaluation on Monday showing that Germany saw the apartments and houses prices post continued rises in the third quarter of the earlier year of 2019.
The GEWOS evaluation said that the square meter prices stood at an average of USD2,273, freehold apartments prices in the country rose 8.2 percent in comparison with a year earlier.
GEWOS managing director Carolin Wandzik said to DPA that the private property prices saw their expansion rate undiminished for the third consecutive year.
The director said that "In the seven largest German cities, there is no sign of the momentum slowing down either".
The offer prices for apartments rose 9 percent in the year in Berlin Hamburg, Munich, Cologne, Frankfurt, Stuttgart and Dusseldorf cities.
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Most popular stories
Market Research
- Poppy Seed Market Size, Share, In-Depth Insights, Opportunity And Forecast 2025-2033
- Daytrading Publishes New Study On The Dangers Of AI Tools Used By Traders
- Origin Summit Debuts In Seoul During KBW As Flagship Gathering On IP, AI, And The Next Era Of Blockchain-Enabled Real-World Assets
- Chicago Clearing Corporation And Taxtec Announce Strategic Partnership
- Bitmex And Tradingview Announce Trading Campaign, Offering 100,000 USDT In Rewards And More
- ROVR Releases Open Dataset To Power The Future Of Spatial AI, Robotics, And Autonomous Systems
More Story
Comments
No comment