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German Housing Costs Continue Upward Spiral for Fourth Consecutive Quarter

Germany’s residential property market has recorded its fourth consecutive quarter of price increases, according to new data from the Federal Statistical Office. The latest figures show that housing costs continue to climb across the country, affecting both prospective buyers and renters.

The price surge has impacted all segments of the residential market, with both apartments and single-family homes experiencing significant cost increases. The statistical office noted that the trend is not limited to major metropolitan areas but has spread to rural regions as well, making affordable housing increasingly scarce nationwide.

For international residents and expats in Germany, this sustained price growth means continued pressure on housing budgets, whether looking to buy property or secure rental accommodation. The broad geographic scope of the increases suggests that even traditionally more affordable areas outside major cities are becoming more expensive, potentially limiting housing options for newcomers to the country.

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