Residential
Germany managed to build only 295,300 homes in 2022, well below Chancellor Olaf Solz's target of 400,000 a year.
Compared with the first quarter of 2022, rents and house prices in the EU increased with a 2.9% rise in rents and a 0.8% increase in house prices.
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Nominal prices of apartments in the first quarter of 2023 were increased compared to the corresponding quarter of 2022 by 14.5%.