Overview

• Total investments by Saxony’s housing firms reached €611 million in 2024, marking a 1.8 percent increase over 2023
• Both VSWG and vdw members recorded cost rises of about 3.3 percent for new builds and 3.7 percent for upkeep, tightening financial room for expansion
• Only €46 million of the VSWG’s budget was earmarked for new construction, highlighting scarce funding for fresh projects
• Approximately 25 000 vacant apartments now cost cooperatives €103 million annually, diverting capital from development
• Demographic decline pushed vacancy rates to roughly 12 percent across rural areas and up to 20 percent in districts like Erzgebirgskreis, Zwickau and Görlitz