FRANKFURT, Oct 23 (Reuters) - German home prices hardly rose in the third quarter, according to data released on Friday by the German Economic Institute (IW), as higher interest rates weigh on purchases. • Apartment prices rose 0.3% from a year e...
Real estate hardly got any more expensive in the third quarter of the year. However, the way to your own apartment or home is hardly less stony. Even for tenants, this is not good news.
Increasing construction costs and higher financing costs slow down the new building. The development of the purchase prices depends heavily on the region.