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German construction industry misses targets amid housing crisis

Housing construction in Germany again failed to gain momentum last year despite high demand, particularly in urban centres, according to the official figures released on Thursday. The number of flats that been completed fell by 0.3% compared to the previous year, the Federal Statistical Office reported, representing a total of 294,400 homes built. This was a smaller drop than feared, but was still a long way off the centre-left government's target of building 400,000 new homes per year. The numb

Nationwide construction strike begins in Germany

Outlook for German construction sector grim in 2024, researchers say

Outlook for German construction sector grim in 2024, researchers say
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German Home Prices Tumble Amid Property Rout

German home prices tumble amid property rout By Tom Sims and Rene Wagner FRANKFURT (Reuters) -Residential property prices in Germany continued their fall, dropping 10.2% in the third quarter from a year earlier in a further grim sign for the real-estate sector in Europe’s largest economy, data on Friday showed. It was the fourth consecutive […]

Home prices in Germany tumble amid property rout, Real Estate News, ET RealEstate

Home Prices In Germany: It was the fourth consecutive quarter of declines and the biggest since Germany s statistics office began keeping records in the year 2000, underscoring the nation s biggest property crisis in decades.

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