According to Savills total investment volume for the second quarter of the year will be around €33bn, will represent a 57% drop compared to the same period last year.

Compared with June of last year, sales were 18.9% lower. That is the slowest sales pace for June since 2009.

In which areas have increased the most according to a report by Savills.

It marks the seventh straight month of gains and the highest level since June 2022.

The Pan-European Organization Housing Europe warns of the spread of the problem to all social strata, with the risk of social explosions visible.

Germany managed to build only 295,300 homes in 2022, well below Chancellor Olaf Solz's target of 400,000 a year.

Thoughts on changing zoning and urban planning rules.

Compared with the first quarter of 2022, rents and house prices in the EU increased with a 2.9% rise in rents and a 0.8% increase in house prices.

Svills in a recent study found that a co-working space is 40% cheaper than a traditional space.

Nominal prices of apartments in the first quarter of 2023 were increased compared to the corresponding quarter of 2022 by 14.5%.