German property prices rise 2.2 percent in first quarter
German property prices rose 2.2 percent in the first quarter as the sector recovered. VDP warned that Middle East turmoil could still impact future financing.
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Germany property prices rose 2.2% in the first quarter, according to data released by the VDP banking association. The increase marks a continued recovery for the real estate sector following a deep valuation slump. The VDP warned that geopolitical turmoil in the Middle East could weigh on future sector performance.
