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 …

evidence that euro housing markets converge. Moreover, for what convergence there appears to be, there is no evidence that the … adoption of the euro itself played a role in creating such convergence. Finally, Germany's housing sector is rarely found …