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Recovery of European housing construction unlikely before 2015

40,000 planning permission in Spain reflect new record low

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Published in issue 9/2013
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Euroconstruct expects a decline of 7.8% (1.353m completed housing units) in 2013. This forecast was announced by the research network at its winter conference held in Munich on 12 December 2012. Thus for the second time, Euroconstruct adjusted previously announced forecasts downwards. At last year’s summer ...

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