This paper provides an analysis of the convergence pattern of German housing prices and rents employing a new dataset … that covers all the country's administrative districts. In addition to conventional tests for 𝛽-convergence and 𝜎-convergence … districts. Our results reveal no evidence of convergence across Germany or within states; rather, we discover widespread …

convergence and analyses key factors explaining price differentials in a panel regression framework including per capita income …, population and relative distances. Results indicate limited evidence of convergence in city-level house prices despite …