In the bacon belt, prices are rising more than in Berlin – plus 22 percent

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If there is a region in the vicinity of a major German city in which “the bear is stepping” at the moment, then it is around Berlin. The Institut der Deutschen Wirtschaft (IW Köln), in a regionally deeply staggered commissioned work for the Association of Spardabanken, revealed that real estate prices have risen faster here than in the capital itself. In Berlin, purchase prices increased by 17 5 percent, in the surrounding area it was 21.9 percent in this period.

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