Published a new price index for real estate in Germany

Recently, a leading German real estate portal immobilienscout24.de began to publish monthly real estate price index in Germany, called «IMX». In calculating the index uses data about 8 million. Immobilienscout24.de houses from the base, and according to experts the portal, this database will be updated on a monthly basis, an average of 150 000 units of real estate. The IMX index takes into account all types of properties, each object is classified by location. In the first version of the index presented market housing prices throughout Germany, as well as separately in Berlin, Hamburg, Munich, Frankfurt and Cologne. Executive Director and Chairman of the Board Marc immobilienscout24.de Shtilke wants IMX helped make the market more transparent and hopes that, eventually, it will be considered as a reference index of real estate prices in Germany. On this Site www1.propertyportalwatch.com