Thursday, 20 January 2011

Prices for residential properties climbed significantly

In 2010 average rents and prices on the German residential property market climbed by 2.0% compared to 2009, while commercial properties went up by only 0.9%. Rents in new buildings also showed an above-average increase (+2.5%); prices for subsequent lettings climbed by 2.3%. The effects of the crisis, BulwienGesa says, were most clearly evident for office rent, which went up by only 0.7%.

For local support and research for property investments please refer to
Urban Land And Property Markets In Germany (European Urban Land & Property Markets 2)


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