Overview
- Presenting a new housing market report in Potsdam, Building Minister Detlef Tabbert said the Berlin commuter belt shows no near-term relief.
- Tabbert cited high borrowing costs and sharply higher construction prices as key barriers that have cooled building activity.
- He said a new building code is set to be introduced to the state cabinet to ease conditions for new construction.
- Brandenburg’s housing stock expanded by nearly 7 percent from 2013 to 2022, with about 103,000 completions, many in the Berlin suburbs.
- Researchers warned that completions will likely slow in the coming years because building permits have declined since 2022.