Residential construction - Approvals for new-build apartments fall to multi-year low
Thuringia is facing its worst year for a long time in terms of building permits issued. Up to October, just under 2,000 permits for new-build apartments had been issued, only half as many as in the same period last year, the State Statistical Office announced on Monday. This is the lowest level for 13 years. In addition, there were around 600 apartments in existing residential buildings.
Around 1,000 new apartments were approved in multi-storey buildings, half as many as in 2022. The number of single-family homes also fell significantly to around 770. The statisticians recorded 208 building applications for new residential homes, 190 fewer than in the same period last year.
Statement from the state office
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Source: www.stern.de
