Overview

• The GdW forecasts a 40% decline in completed apartments among its members, reducing output to about 17,700 units this year.
• Investments in new housing construction are expected to fall by around 20% to €6.4 billion while maintenance spending edges upward.
• Multi-family building costs have surged nearly 50% since 2019, prompting developers to pause projects despite existing approvals.
• Social housing output climbed to 27,000 new units in 2024—the highest tally in six years—yet the total stock remains stalled at roughly one million units.
• Policymakers have launched the 'Bau-Turbo' fast-track approval initiative even as the GdW urges an EU emergency regulation to prioritize affordable housing.