2023-07-31 16:00:20
Rising real estate prices
The trend towards working from home also plays a role in real estate prices.
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Düsseldorf Economists from numerous countries are expecting a significant increase in real estate prices worldwide in the next few years. They are likely to grow by an average of nine percent annually over the next ten years, according to the survey published on Monday by the Munich Ifo Institute with the Institute for Swiss Economic Policy among 1405 experts from 133 countries.
According to this, growth of 7.2 percent per year is expected in Germany, 6.9 percent in Austria and 4.8 percent in Switzerland. “The increase in real estate prices is being driven more by demand than by supply factors,” said Ifo researcher Timo Wochner.
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