German homeownership Archives * RealtyBizNews: Real Estate Marketing & Beyond

More Germans are Spending Money on Houses

April 2, 2012 by Allison Halliday

In spite of the European debt crisis, Germany is doing relatively well as just 6.7% of the population are unemployed, which is the lowest level since 1990. Most of the population are feeling pretty confident about their future, and consumer spending increased by 1.5% last year, and is predicted to reach similar values this year.