germany

Marked decreases in building permits

Article by Birgit Fingerlos (adapted for holzkurier.com; translated by Eva Guzely) | 18.09.2023 - 10:00

From January to July, 156,000 building permits for apartments were issued, i.e. 27.8% less than in the same period of last year. The rising cost of building and more challenging financing conditions are most likely to blame for this decrease.

From January to July, permits for apartments in newly built residential buildings totaled 128,300 (-31.6% compared to the same period of last year). The number of building permits for single-family homes fell by 36.5% to 30,800. A decrease was also recorded in permits for apartments in two-family homes (-53.2% to 8,900). As for multi-family homes, the number of permitted housing units was down by 27.5%, reaching a total of only 83,600. Apartments in residential buildings were the only exception to this overall negative development, having recorded a 10.6% increase and thus a total of 4,900 building permits.

Data are collected and published by the Federal Statistical Office Destatis.

Building permits in Germany | January to July 2023
Number of building permits for housing units in Germany
Buildings/Apartments 01–07 2022 01–07 2023 Diff. in %
Construction of new buildings and work on existing buildings and apartments:
in residential and non-residential construction 216,425 156,174 –27.8
Construction of new buildings, apartments with:
1 housing unit 48,613 30,847 –36.5
2 housing units 18,671 12,190 –34.7
3 or more housing units 116,096 83,613 –28.0
Residential buildings 3,752 4,915 31.0