German housing completions in 2009 fell to lowest level in at least 50 years
Mar 11th, 2010 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Deutsche Bank says in 2009, the German housing market sector fell to its lowest level in at least 50 years -- at least with regard to housing completions. Frequently cited concerns about another housing shortage are highly exaggerated, however; only in a few urban areas is a severe housing shortage likely to materialise.