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- Nordics Property Breakfast
31 May 2012
Frankfurt am Main, Germany
Upcoming Events
- Property Debt Breakfast
20 June 2012
London
German January house prices fell 0.8%, still 1% higher on year - Hypoport
German house prices fell by a median 0.8% in January against the prior month, but were still 1.1% above their level 12 months early, according to the HPX index from the Berlin listed Hypoport. Prices for new homes strengthened slightly in January - up 1.6% on the month after a rise of just 1.5% in December over November. Compared with 12 months earlier, prices rose nearly 4% however. Existing homes, where the price evolution in recent years has been quite considerably weaker, recording a slide of 2.4% m/m in January, with signs that the weakness is deepening from recent months.