German home building permits fall by 27% in H1 2023

By Branislav Pekic 2023-08-18T00:00:00

Only 135,000 apartment building permits were approved in Germany during H1 2023, a decline of 27.2% from the same period in 2022. The drop was even more pronounced in June, with 28.5% fewer permits issued for apartments, for a total of 21,800.

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