Prices in Germany's largest cities are rising at the fastest rate in 20 years, according to data compiled by Bulwien Gesa. Photo: Bloomberg

Flats in German cities 'overvalued by 20pc' as construction lags

Speculation partly to blame for steep increases in prices in main cities, analysts say, as demand for homes continues to outpace construction

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Prices in Germany's largest cities are rising at the fastest rate in 20 years, according to data compiled by Bulwien Gesa. Photo: Bloomberg
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