Overview
- In November 2025, authorities approved 20,100 homes, up 12.5% from a year earlier, according to Destatis.
- From January to November, 215,500 homes were permitted, an 11.3% increase, including 175,200 in newly built residential structures, up 13.9%.
- Single-family approvals rose 17.0% to 40,700, multi-family climbed 13.5% to 114,800, and two-family units edged down 1.6% to 11,500.
- Conversions added momentum with 3,800 units approved in November, up 12.6%, taking January–November conversion approvals to 36,800, up 3.1%.
- Analysts cite a persistent gap against needs, with the Pestel Institute estimating a shortage near 1.4 million homes and policy goals of 400,000 completions per year still distant.