German home building permits decline in May as sector struggles
Published by Global Banking & Finance Review®
Posted on July 18, 2025
1 min readLast updated: January 22, 2026
Published by Global Banking & Finance Review®
Posted on July 18, 2025
1 min readLast updated: January 22, 2026
In May, German building permits for apartments fell by 5.3% compared to last year, reflecting ongoing challenges in the nation's property sector.
FRANKFURT (Reuters) -Building permits for apartments in Germany fell 5.3% in May from a year earlier, statistics office data showed on Friday, as the nation's troubled property industry continues to struggle.
The drop is a setback after some improvements earlier this year.
(Reporting by Tom Sims, editing by Rachel More)
Building permits for apartments in Germany fell 5.3% in May from a year earlier.
The decline is a setback for Germany's troubled property industry, which had seen some improvements earlier this year.
The statistics were reported by Germany's statistics office.
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