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- Nordics Property Breakfast
31 May 2012
Frankfurt am Main, Germany
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20 June 2012
London
German house prices to hold steady in 2009 despite recession - reports
German house prices have resisted the economic crisis so far and are holding relatively steady and even rising slightly in some cases, according to several recent reports. One, by the German Cities Organisation, surveyed 56 of the largest towns and found that apartments and single family homes are holding stable. In some east and southern German cities it found a solid trend toward rises in the cost of construction sites and existing homes. The authors see a steady price development continuing through the first half of 2009.