German house prices fell 6.8% year-on-year during the first quarter. It was the sharpest quarterly fall compared with the same quarter a year ago since the start of the house price index in 2000, said the country’s statistics office, Destatis.
German House Prices in Biggest Annual Fall
Houses Lose 6.8% in Value in First Quarter
By Thomas Daily, Bert Erik ten Cate
June 23, 2023 | 9:26 AM
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