Germany’s house price rises are slowing
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House prices in Germany are still rising, but more slowly. Germany’s overall house price index slowed for the seventh consecutive month this April, after the house price rise peak of September 2013.
In April 2014, the German hedonic house price index rose by only 1.9% y-o-y (0.6% in real terms), a slowdown as compared to the 4.8% growth in March, 5.4% in February, and 6.1% in January 2014. Back in September, Germany posted double digit y-o-y house price rises of 11.2%, based on the Europace figures.
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