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.
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.
According to Gewos, The Institute for Urban, Regional and Housing Research, the growth phase of the German property market, which lasted more than 10 years in a row, may be coming to an end.
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