Berlin has the fastest-rising house prices in the world

The German capital’s days as a bohemian haven of affordable living appear to be numbered.

According to a report from property consultancy Knight Frank, property prices in Berlin soared by nearly 21% last year, putting it the top of the 150 world cites it surveyed. The German cities of Hamburg, Munich, and Frankfurt all experienced price growth of between 13 and 15% too, putting them in the top 10.

Knight Frank found that average global prices increased by just 4.5% in 2017, down from 7% in...

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