In 2023 there were fewer building permits than in 2012. The construction of 260,100 apartments was approved in 2023 - that was 26.6 percent less than the previous year and also the lowest level since 2012.
Private individuals in particular submitted fewer and fewer building applications. Possible consequences: Lack of jobs and lack of housing. “The disaster scenarios from last year have been exceeded by reality,” said Dirk Salewski, President of the Federal Association of Independent Real Estate and Housing Companies.