The Zentralverband Deutsches Baugewerbe (ZDB), Berlin, has forecast a 12.5% decline in completed living units to around 245,000 for 2023. In 2022, an estimated 280,000 living units will be completed. ZDB president Reinhard Quast expects a further decline in completions in 2024 due to caution concerning investment de...
ZDB expects completions to decrease by 12.5%
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