Kholodilin, Konstantin; Michelsen, Claus; Ulbricht, Dirk - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2015
After a period of stagnation that lasted for almost two decades, German house prices began to grow at an accelerated pace since late 2010. Real house prices that even had been declining in 2000-2008 started to climb up steeply from the second half of 2010, followed by a recovery of construction...