German building boom set to continue as home demand soars
DeeperDive is a beta AI feature. Refer to full articles for the facts.
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, increased job security and record-low borrowing costs.
Share with us your feedback on BT's products and services
TRENDING NOW
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Beijing’s calculated silence on the Iran war
DPM Gan warns of 3 structural shifts to the global system that will bring greater challenges – and opportunities