Germany: Until June 9% drop in residential building permits

Completions of flats down 19.2% during first half of the year In the six months to June 2002 and comparing the same period one year ago, building permits for residential projects in Germany dropped by 9.1% to 136,500 units. Of this total, 123,000 permits distributed to new buildings, while almost 14,000 permits were ...

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