Overview
- February 2025 saw a 2.3% year-on-year drop in apartment approvals, totaling 17,900 units, according to the Statistisches Bundesamt.
- Of these, 14,200 units are planned for new buildings, while the rest will be developed in existing structures.
- Despite the February decline, cumulative approvals for 2025 reached 35,900 units by the end of February, up 2.1% from the same period last year.
- Approvals for single-family homes increased by 12.4% year-on-year to 6,800 units, though this trend remains contentious in urban areas due to land and energy concerns.
- Germany's housing sector continues to face significant challenges, with approvals falling short of the federal government's 400,000-unit annual target.