The lack of affordable housing and skyrocketing rents in Germany has become ... latest statistics show a decline in construction activity in 2023 where just 15,965 apartments were completed ...

Germany's property sector, which began to shrink in 2022, is undergoing its most severe slump in decades. Permits are an important indicator of future construction activity. representative image ...

Nationally, the creation of new apartments has fallen below prepandemic levels. But some metros are defying the trend.

Dublin, Feb. 05, 2025 (GLOBE NEWSWIRE) -- The "Germany Construction ... The German construction industry is expected to shrink by 4.4% in real terms in 2024, marking its fourth consecutive year of ...

Felix Pakleppa, head of the Central Association of the German Construction Industry, noted the bleak outlook for the sector. "Building permits in Germany ... causes of the decline in permits ...

The lack of affordable housing and skyrocketing rents in Germany has become perhaps the ... However, its latest statistics show a decline in construction activity in 2023 where just 15,965 apartments ...