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Home > Headlines > German home building permits decline in February, halting recovery

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German home building permits decline in February, halting recovery

Published by Global Banking and Finance Review

Posted on April 17, 2025

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FRANKFURT (Reuters) - Building permits for apartments in Germany fell 2.3% in February from a year earlier, statistics office data showed on Thursday, underscoring the fragility of the nation's troubled property industry.

The drop is a setback following two consecutive months of increases that provided some hope of a recovery after three years of declines during a severe slump in the nation's building sector.

(Reporting by Tom Sims, Editing by Miranda Murray)

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