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Homes in big German cities overvalued by 20%

Published Mon, Oct 21, 2013 · 10:00 PM
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[BERLIN] Apartments in Germany's largest cities may be overvalued by as much as 20 per cent as home construction fails to keep up with demand, the Bundesbank said.

Apartment prices in parts of Berlin, Hamburg, Munich, Cologne, Frankfurt, Stuttgart and Dusseldorf have risen by more tha…

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