The regional environment determines property prices

The fact that real estate prices in big cities have been rising for years is not news.
A recent analysis shows that this trend persists in small towns, but it is also crucial which region these towns are in. Prices are rising as demand in prosperous markets is high. In small towns in structurally weak regions with low economic strength and declining populations will be reflected with a halting effect on property price growth, price development in these regions is expected to stagnate in the coming years.