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German building boom set to continue as home demand soars

Published Sun, Jan 15, 2017 · 09:50 PM

Berlin

NEW residential building permits issued in Germany increased by more than 20 per cent on the year in 2016, Housing Minister Barbara Hendricks said on Sunday, suggesting that a building boom will continue to support economic growth this year.

Demand for real estate is soaring in Europe's biggest economy due to a growing population, i…

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