Finance
German apartment building permits rise 30% in July as sector steadies
Published by Global Banking and Finance Review
Posted on September 18, 2025
1 min readLast updated: January 21, 2026
Global Banking and Finance Review
Company
Published by Global Banking and Finance Review
Posted on September 18, 2025
1 min readLast updated: January 21, 2026
In July, Germany saw a 30% rise in apartment building permits, signaling potential stabilization in its property sector after a low point last year.
FRANKFURT (Reuters) -Permits to build apartments in Germany rose 30% in July from a year earlier, statistics office data showed on Thursday, as the nation's troubled property industry shows signs of stabilisation.
The level in July a year earlier was the lowest for that month since 2009.
(Reporting by Tom SimsEditing by Ludwig Burger)
An apartment building permit is an official approval granted by local authorities that allows the construction or renovation of residential apartment buildings. It ensures compliance with zoning laws, building codes, and safety regulations.
A year-on-year comparison is a financial analysis method that compares data from one year to the same period in the previous year. It helps identify trends and growth patterns over time.
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