German Real Estate Monitor

Commerzbank Corporates & Markets
Economic Research
https://research.commerzbank.com

Economic Insight
German Real Estate Monitor

Residential property prises are rising strongly in German cities. We consider which house price indices are worth looking at and which indicators may warn of possible overheating of the market. The property market should continue to revive in the next few years, above all due to low interest rates. Even though a property bubble is less likely in Germany than it was in Spain or Ireland, the ECB’s long-standing expansionary monetary policy, maintained for the sake of the peripheral countries, poses significant long-term risks.

Analyst:
Ulrike Rondorf

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