Germany’s house price rises decelerating, amidst economic slowdown
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Germany’s property price increases are now decelerating, amidst an economic slowdown.
In the second quarter of 2012, the hedonic house price index dropped by 2.65% (-2.56% in real terms) from the previous quarter, after registering a quarterly rise of 2.8% in Q3 2011, 2.7% in Q4 2011, and 3.9% in Q1 2012.
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