Germany: Building approvals up by 22% in 2011

Building approvals in 2012 only expected to rise by 3%

According to provisional figures released by the German federal statistics agency in Wiesbaden, residential building approvals in Germany in 2011 showed a year-on-year increase of 22% to a total of 228,395 (2010: 187,667). The increase for newly erected buildings was also 22% to 204,783 (167,779), of which 200,130 ...

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