March 15, 2025

construction costs

Property

German residential property prices keep falling in Q1

BERLIN (Reuters) – German residential property prices continued to fall in the first quarter of this year, dropping by an average of 5.7% year-on-year, even after the biggest slump on record in 2023, federal statistics office data showed on Friday. High financing and construction costs continue to weigh on Europe’s biggest economy, triggering the most

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