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Germany's housing market is cracking

Worries are intensifying about the German housing market, just as the ECB raises rates to a cycle high. Prices fell by the most in Q2 since records began, according to data released Friday. Building permits have also plunged to the lowest since 2015.That's running head-first into a government goal to build 400,000 apartments per year.In response, the government is now deferring a plan to require higher insulation standards in new construction, according to a Reuters report. That's likely to stea... Read More

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Cracking

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Posted: Sep 24 2023, 22:58

Author Name: forexlive

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