In the 4th quarter of 2022, prices in the Berlin real estate market were recorded to fall, caused by the decision of the European Central Bank to carry out a series of interest rate hikes.
In the 4th quarter of 2022, prices in the Berlin real estate market were recorded to fall, caused by the decision of the European Central Bank to carry out a series of interest rate hikes.
Germany's decade-long boom in home prices, which ended last year after the European Central Bank decided to introduce a series of interest rate hikes, has sent mortgage rates doubling and sometimes even tripling.
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