Average house rents in Berlin are expected to continue to climb in the coming months, with average prices expected to reach as high as $2.5 million.
The average house price in Berlin is expected to rise to around $2,400, with a median house price of $1,800, according to property market tracker Zillow.
Zillow says average house prices in Berlin have risen by more than 40% since 2011.
The median house is currently worth $1.5m.
The German capital’s median house has also risen from around $1m to around €1.8m.
Zillows median house in Berlin in November was priced at $1million, up 40% from the previous month.
The median house rent is expected hit a record high of $2 million this year, and is forecast to reach $3.5million in 2018.
Zilow predicts the median house rental price in Germany to reach a record of €1m in 2019.