
Real estate: Kiel Institute: weaker price increase in residential real estate
This contains data from more than 20 major cities and three districts
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Summary
This contains data from more than 20 major cities and three districts. In Stuttgart, where the crisis-ridden automotive industry is an important employer, prices fell the most at 1.6 percent. However, figures for Berlin, Hamburg and Munich were not initially available to the research institute. “In nominal terms, prices continue to rise, but the upswing has visibly lost momentum,” said Project Manager Greix, Jonas Zdrzalek.
Furthermore, The increase in the price of condominiums and single-family homes has weakened further, according to an analysis by the Kiel Institute for the World Economy. Among the eight most populous cities, the purchase prices of condominiums rose the most in Düsseldorf with 1.2 percent. After accounting for inflation, prices of condominiums even declined 0.9 percent compared to the previous quarter.
In addition, Prices of single-family homes increased by 1.8 percent. Purchase prices of apartments rose in the second quarter compared to the previous quarter by 0.3 percent, as the Institute announced. Purchase prices of condominiums have generally risen more slowly.
Cross-referenced from 3 sources.
Factual coreconfirmed by several independent voices
This contains data from more than 20 major cities and three districts.
reliability moderate2/2 sourcesIn Stuttgart, where the crisis-ridden automotive industry is an important employer, prices fell the most at 1.6 percent.
reliability moderate2/2 sourcesHowever, figures for Berlin, Hamburg and Munich were not initially available to the research institute. “In nominal terms, prices continue to rise, but the upswing has visibly lost momentum,” said Project Manager Greix, Jonas Zdrzalek.
reliability moderate2/2 sourcesThe increase in the price of condominiums and single-family homes has weakened further, according to an analysis by the Kiel Institute for the World Economy.
reliability moderate2/2 sourcesAmong the eight most populous cities, the purchase prices of condominiums rose the most in Düsseldorf with 1.2 percent.
reliability moderate2/2 sourcesAfter accounting for inflation, prices of condominiums even declined 0.9 percent compared to the previous quarter.
reliability moderate2/2 sourcesPrices of single-family homes increased by 1.8 percent.
reliability moderate2/2 sourcesPurchase prices of apartments rose in the second quarter compared to the previous quarter by 0.3 percent, as the Institute announced.
reliability moderate2/2 sources
Reported detailssecondary facts, each attributed to its source
Purchase prices of condominiums have generally risen more slowly.
according to Stern
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