Decline in building approvals continued in February

After approvals for living units in new residential buildings decreased by 28.5% in January 2023, in February a year-on-year decline of 22.6% to 18,825 (Feb. 2022: 24,308) units was recorded. According to data published on 18 April by the Federal Statistical Office (Destatis), Wiesbaden, the number of building appro...

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