VDP-Real Estate price indices: The price boost on the German real estate market has further accelerated slightly 2017. With the results for 2017 The VDP also publishes the development of purchase prices n the top 7 cities for the first time.
The Association of German Pfandbrief Banks (vdp) represents the interests of the Pfandbrief banks in dealings with national and European decision-making bodies, and of a wider expert public.
Main findings of the report:
- Residential real estate prices rise 6.9% year on year
- Commercial property prices increase by 6.5% compared to the previous year
- Expansion of the vdp real estate price indices with information on the housing markets of the TOP 7 cities in Germany
- Housing markets in metropolitan areas remain strained: TOP 7 index rises 13.7% over the previous year
The full report in German is available here:
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