Deutsche Bank Sees German Home Prices Rising for Sixth Year

Lock
This article is for subscribers only.

German apartment prices will rise for a sixth year in 2014 as an increase in employment fuels demand for homes, Deutsche Bank AG said.

Prices for existing apartments will climb 4 percent, while new properties will rise 5 percent, the Frankfurt-based bank said in a report today. In Germany’s largest cities, existing apartments will gain 6 percent.