Tag #Housing Market

faz.net
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Frankfurt's Stagnant Homeownership Rate Defies National Trend

In 2022, 19.7% of Frankfurt households (76,585) owned their homes, unchanged since 2011 despite a 34,000 household increase, contrasting with national and regional declines and prompting calls for increased homeownership.

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60% Bias Score

Reduced Inequality
faz.net
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Wiesbaden Housing Market Shows Generational Divide in Homeownership

In Wiesbaden, Germany, from 2018-2023, around 6,300 new apartments were completed, adding to 12,200 since 2006; however, homeownership is concentrated among older residents (35.6% for those over 65), while those under 35 own only 2%, highlighting a significant generational divide in housing ownershi...

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40% Bias Score

Sustainable Cities and Communities
nos.nl
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Dutch House Prices Rise 2.5 Percent in Q4 2024

Dutch house prices rose 2.5 percent in Q4 2024, reaching an average of €483,000 (up 11.5 percent yearly), driven by increased buyer confidence, lower mortgage rates, and higher wages; over 43,000 homes were sold through NVM brokers, exceeding 2023 levels.

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24% Bias Score

Reduced Inequality
nos.nl
🌐 65% Global Worthiness
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Dutch House Prices Rise 11.5% in Q4 2024 Despite Increased Supply

Dutch house prices rose 11.5 percent year-on-year in the final quarter of 2024, reaching an average of €483,000, driven by increased supply, falling interest rates, higher wages, and positive market sentiment; sales volume also increased, exceeding 145,000 transactions for the year.

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24% Bias Score

Reduced Inequality
cnbc.com
🌐 75% Global Worthiness
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Mortgage Rates Hit Highest Point Since July 2024, Causing Application Volume to Plummet

Mortgage application volume fell 3.7% last week due to a fourth consecutive weekly rise in rates, reaching 6.99% for a 30-year fixed-rate mortgage—the highest since July 2024; purchase applications dropped 7% weekly and 15% yearly, while refinance applications rose 2% weekly but fell 6% yearly.

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36% Bias Score

Reduced Inequality
elpais.com
🌐 75% Global Worthiness
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Conflicting Data on Catalan Rental Price Changes

Conflicting reports on Catalan rental prices show a 12-14% rise according to Idealista and Fotocasa, contrasting with a 1.1% overall drop and 3.2% decrease in Barcelona based on Generalitat data from Incasòl, reflecting different data sources (listed vs. contract prices) and the impact of rental reg...

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56% Bias Score

Reduced Inequality
elmundo.es
🌐 75% Global Worthiness
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PP to Slash Inheritance Tax on Used Homes to 4%

The PP, governing in 12 autonomous communities encompassing 70% of Spain, will lower the Inheritance Tax on used homes to 4%, saving buyers up to €24,000 on a €400,000 property, as part of a wider plan to address Spain's housing crisis, improve the economy, and reduce bureaucracy.

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56% Bias Score

Reduced Inequality
fr.euronews.com
🌐 75% Global Worthiness
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Rome's Jubilee: Initial Success, but Economic Impact Remains Uncertain

Rome's Holy Year Jubilee, launched December 24th, has drawn nearly 500,000 visitors, exceeding initial projections of 30 million. However, January 2025 saw a 60-75% drop in short-term rentals, with experts cautioning against overestimated economic impacts despite projected €4-4.5 billion in revenue.

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48% Bias Score

Sustainable Cities and Communities
lemonde.fr
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French Mortgage Rates Plummet, Offering Significant Savings to Borrowers

French mortgage rates have fallen more than 1% since December 2023, saving borrowers substantial sums and prompting predictions of further decreases to an average of 2.5% by year-end, due to banks' competitive strategies.

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52% Bias Score

Reduced Inequality
smh.com.au
🌐 65% Global Worthiness
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Byron Bay's High Housing Costs Drive Residents to Nearby Towns

High housing costs in Byron Bay (median house price: $2,005,000) are forcing locals to relocate to nearby towns such as Lennox Head ($1.5 million), Ballina ($800,000), Yamba ($1 million), and Alstonville ($880,000), seeking affordability and stronger community bonds.

Progress

52% Bias Score

Reduced Inequality
sueddeutsche.de
🌐 75% Global Worthiness
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DIW Predicts 2026 Turnaround for German Construction Industry Amidst Housing Crisis

The German Institute for Economic Research (DIW) forecasts a 2% inflation-adjusted growth in construction volume for 2026 following five years of decline, but the housing shortage remains critical, with new construction projected to be 25% below 2021 levels.

Progress

52% Bias Score

Sustainable Cities and Communities
cnbc.com
🌐 75% Global Worthiness
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Mortgage Rates Surge to 6.97%, Plunging Demand 21.9%

Mortgage application volume dropped 21.9% in the two weeks ending December 27, 2024, as 30-year fixed mortgage rates increased to 6.97%, impacting both purchase and refinance applications during the year-end slowdown; purchase applications were 17% lower year-over-year.

Progress

36% Bias Score

Reduced Inequality