Home building permits in Germany drop by 18% in February 2024
Thu, Apr 18, 2024 6:46 PM

Home building permits in Germany drop by 18% in February 2024

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FRANKFURT: Building permits for apartments in Germany fell 18.3% in February from a year earlier, government data on Thursday showed, underscoring a continued downturn in demand in the construction and real estate industry. Germany has been jolted by the most severe slump in the property sector in decades. Some 18,200 permits were issued.

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