In Munich, apartment prices more than doubled between 2009 and 2017.
During the same time, the population rose from 1.36 million to 1.53 million.
There is a shortage of several tens of thousands of residential units. The
vacancy rate is near zero, and current and planned future building activities
will not suffice. The supply shortages should drive house prices and rents
upwards in the coming years.
EU Forecast
euf:ba.18.j:144/nws-01