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Construction

Construction

Permits for
building construction

Decrease of dwellings permitted from January – October 2017: –7.3%

As reported by the Federal Statistical Office (Destatis), the construction of a total of 286,300 dwellings was permitted in Germany from January – October 2017. Compared with the corresponding period of 2016 this is a decrease of 7.3% or 22,400 dwellings.

More : Decrease of dwellings permitted from January – October 2017: –7.3% …

Construction
work completed

60.3% of residential buildings completed in 2016 wholly or partly heated by energy from renewable sources

Heating systems which use renewable energies were installed in 60.3% of the just under 110,000 residential buildings completed in 2016. 37.6% of the residential buildings completed were primarily heated by energy from renewable sources.

More : 60.3% of residential buildings completed in 2016 wholly or partly heated by energy from renewable sources …

Dwelling stock

Dwelling stock of 41.7 million dwellings at the end of 2016

At the end of 2016, the number of dwellings in residential and non-residential buildings amounted to roughly 41.7 million in Germany. The Federal Statistical Office (Destatis) also reports that the stock of dwellings excluding those in residential establishments, which have only been covered since 2011, was roughly 41.2 million.

More : Dwelling stock of 41.7 million dwellings at the end of 2016 …

Most of the dwellings in Germany consisted of 4 rooms

Based on the final results of the 2011 census of buildings and housing, the dwelling stock in 2016 was structured as follows: most of the dwellings in Germany (25%) consisted of 4 rooms. The percentage share of dwellings with 3 rooms was just under 22%, that of dwellings with 5 rooms was 17%.

More : Most of the dwellings in Germany consisted of 4 rooms …

Construction Industry

Turnover in building completion work in the third quarter of 2017: +2.8% year on year

As reported by the Federal Statistical Office (Destatis), turnover in building completion work was up 2.8% in the third quarter of 2017 compared to the second quarter of the previous year.

More : Turnover in building completion work in the third quarter of 2017: +2.8% year on year …

Turnover in main construction industry in September 2017: +0.8% year on year

As reported by the Federal Statistical Office (Destatis), turnover in the main construction industry in September 2017 was up 0.8% compared with the corresponding month of the previous year.

More : Turnover in main construction industry in September 2017: +0.8% year on year …

New orders in main construction industry in September 2017: + 0.7% seasonally adjusted on the previous month

The Federal Statistical Office (Destatis) reports that price-adjusted new orders in the main construction industry in September 2017 increased a seasonally and working-day adjusted 0.7% on August 2017.

More : New orders in main construction industry in September 2017: + 0.7% seasonally adjusted on the previous month …

AllePressemitteilungen


IN FOCUS / 2017-05-09

Low interest rates - more building permits

The number of building permits for dwellings has steadily increased since 2008. In 2016, the number of dwellings for which building permits were granted reached a record high (375,400) since 1999 (437,000). Compared with a year earlier, this was an increase of 19.8%.

One reason for this positive trend may have been the extremely low interest rates which made building especially attractive. Besides, real property is regarded as an interesting investment opportunity in times of low savings interest rates. This is especially true for the cities where housing supply is becoming increasingly tight.

The rising number of building permits in turn has effects on the construction industry. Here, the turnover of the main construction industry (regarding enterprises with 20 or more persons employed) increased by 7.5% to 70.9 billion euros in 2016 compared with 2015.

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