Germany: Drop of 13.2 % in construction approvals

10.4% fewer approvals for dwellings in multi-family houses

In September 2017 approvals were granted for the construction of 26,879 (Sept. 2016: 30,972) dwellings in new and existing residential and non-residential buildings in Germany. This corresponds to a reduction of 13.2% vis à vis the comparative month of the preceding year. The declining trend since the beginning of ...

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