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 Property prices in major German cities are declining

As recent study of the German real estate market shows, almost all major cities recently began to experience property price decline after years of prices rising.

 The German government is planning to help people with the purchase of real estate

As of today, Germany has the lowest level of property ownership in the EU. According to the official government data, only 42.1% of families own housing units they live in directly, while the remaining 57.9% of families live in rented…