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No. Region Home ownership rate(%) Date [2] [3]; 1 Kazakhstan 98: 2024 2 China 96: 2022 3 Laos 95.9: 2015 4 Romania 95.6: 2023 5 Albania 95.3: 2023 6 Slovakia 93.6: 2023 7 Russia 92.60
Germany is midway through a four-year real estate crisis that will lead to more losses and distressed sales of unwanted properties, the head of Commerzbank's real estate business told Reuters. The ...
In 2022, Germany's homeownership rate was 46.7%. [1] During World War II, 2.25 million homes were destroyed with another two million damaged, reducing overall housing stocks by 20%. In 1949, West Germany enacted its first housing law and by 1961 had reduced its housing shortage from 5.5 million units to only 658,000.
The institute itself owns a major proportion of the property it manages, [6] and is one of the largest owners of real estate in Germany. [4] It was estimated that within 2011, the Institute for Federal Real Estate would—due to property transfers—own and manage nearly all real estate used by the federal government of Germany. [5]
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The gross regional domestic product (GRDP) per capita of the German states is given in this article in nominal values, shown in euros.For easy comparison, all GRP figures are converted into US dollars according to annual average exchange rates.
The median home sales price in the U.S. has hovered around $400,000 for the past few years. It spiked to $432,799 in 2022 but declined slightly in 2023, with high interest rates suppressing demand.
Property Week is a UK business-to-business magazine which reports on the worldwide commercial and residential property market. It reports news, features and analysis and the latest information from the industry - from development opportunities to investment prospects, professional and legal coverage to regional surveys, plus vacancies.