House and apartment prices in Germany appear to be stabilizing after significant declines, government data showed on Friday. While residential property prices fell by 2.6% year-on-year in the second quarter, they rose by 1.3% compared to the first quarter. “This is the first increase compared to a previous quarter since the second quarter of 2022,” the Federal Statistical Office said. In comparison to the first quarter of 2024, there were only price declines for apartments in sparsely populated rural areas. But single family and two-family houses became more expensive on average across all reg…