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New home prices in Germany rise by 2.5% in FY24, Real Estate News, ET RealEstate

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BERLIN: Some German residential prices are showing signs of stabilisation, data on Monday showed, following a steep fall over the past year amid a real-estate crisis in Europe’s largest economy.

Prices for existing apartments fell 2.5% in the first quarter of 2024 from a year earlier, according to the figures by ImmoScout24, an online property platform.

But prices for new apartments rose 2.6% during the period, ImmoScout24 said. Existing house prices also gained 0.8%, and prices for…



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