France: building starts increase 13% in December

After incoming orders in German housing construction, adjusted to account for seasonal influences and calendar effects, had declined by 29.0% in November 2022, the year-on-year decline intensified to -31.8% in December. The base effect must be taken into account in this context, however, as the figure recorded in...

In the 12-month period up to and including January 2023, housing starts in the USA declined by 4.5% to 1.309m (Jan.-Dec. 2022: 1.371m) units vis à vis the adjusted December figures. The decline recorded since August therefore continued. Compared to the peak figure reached in April (1.805m units), the decrease meanwhile...

In Spain, housing construction activity in the first nine months of 2022 fell significantly short of the prior-year figures. According to figures published by the Spanish Ministry of Construction (Madrid), building starts declined in January, February as well as in each month between May and September. March was the...