In the major cities in Germany more expensive housing

In the major cities in Germany more expensive housing

Hamburg leads the growth in housing prices, says the study, Jones Lang LaSalle. German real estate market is developing unevenly, with some regions prices are rising, in others - are falling.

Munich is still the most expensive German city on the cost of housing. Bavaria and Baden-Württemberg (South Germany) - the economically developed and popular tourist areas, where Munich - one of the safest places to invest the Russians.

On the I half of 2011, the average price of apartments in the Bavarian capital amounted to € 3,440 thousand for the quarter. m. This is 12% higher than in the I half of 2010
However, the quickest way real estate is not going up in Munich and in Hamburg, where in comparison with 2010, apartment prices rose by 13%, as compared with 2009 - 30%. First of all, the price increase contributed to the increase in construction. On average, a square meter in the city worth € 2,640 thousand

Frankfurt became the third city in Germany on housing costs: You can buy apartments at € 2,6 thousand / sq. m. This is followed by Stuttgart, where the average apartment price - € 2,14 thousand / sq. m. However, the last two years price increase was only 0.9%.

Berlin, despite the steady rise in price until the seventh place. In the German capital, the apartments are sold for only € 1,84 thousand / sq. m: at € 10 cheaper than in Cologne and at € 150 cheaper than in Dusseldorf. But experts believe that soon overtake Berlin, these two cities.

Leipzig - the only major German city, where housing prices are falling rapidly over the last two years, the apartment is cheaper by 10%, approaching the mark of € 1 thousand for the quarter. m.