Google translate link for article in english.

From a few days ago, but didn't see a post about it in arr/Nl when searching – Germany seems to have bottomed out and be on a trend up for its housing construction crisis.

Copying select bits from the text below:

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The number of building permits for residential units jumped in July, according to figures from the Federal Statistical Office. In July, 22,100 units were approved, 30 percent or 5,100 more than a year earlier.

However, in the comparable month of July 2024, the number had also plummeted to its lowest level since 2009.

(…)

Is an end to the crisis in sight?

A positive trend was already evident in the first half of the year, albeit not yet quite so clear. From January to July, 131,800 apartments were approved. This was 6.6 percent, or 8,200 apartments, more than in the same period in 2024.

"However, construction activity will remain too weak for a real easing of the housing market," Dullien emphasized. Fewer than 250,000 new housing permits are expected for 2025 as a whole—rather, 320,000 are needed.

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The increase in permits in July was primarily attributable to multi-family housing construction, according to the German Construction Association (ZDB). "Almost 12,000 permits were issued here. Last year, there were approximately 8,300 approved apartments, an increase of almost 44 percent," said Felix Pakleppa, CEO of the ZDB.