Bloomberg News

German Home Ownership Rate Rises to 59%, Commerzbank Poll Shows

April 09, 2012

Fifty-nine percent of Germans now live in their own home, up from 55 percent in 2010, according to a survey by Commerzbank AG (CBK).

Thirty-two percent prefer new constructions, down from 38 percent in 2010, the Frankfurt-based lender said in a statement today.

To contact the reporter on this story: Cornelius Rahn in Frankfurt at crahn2@bloomberg.net

To contact the editor responsible for this story: Kenneth Wong at kwong11@bloomberg.net


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