German home prices edge up but pace slows
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Residential buildings are seen in the district of Marzahn-Hellersdorf in Berlin, Germany, February 7, 2023. REUTERS/Lisi Niesner
FRANKFURT, Sept 24 (Reuters) - German home prices rose slightly in the second quarter of 2026, marking the seventh consecutive quarterly gain as the property sector in Europe's largest economy seeks stability after a deep recession, data showed on Thursday.
• The gain of 0.6% from a year earlier was the smallest rise since prices began increasing in late 2024.
• It follows a downward revision for the first quarter, to a 1.2% increase compared with a preliminary 1.4% gain.
• Prices of homes in the country's biggest cities dropped.
• Higher interest rates in the wake of the Iran war have damped demand for property.
(Reporting by Tom SimsEditing by Linda Pasquini)
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