From January to the end of June 2015, nearly 140 400 new buildings or alterations have been approved, as the Federal Statistical Office announced on Tuesday. . They were 2.6 per cent or almost 3600 dwellings more than in the first half of last year
This means that the lasting since 2010 positive trend had continued, the Wiesbaden agency said – although the rates of increase not so large as in previous years. . In the first half 2014, for example, there was the same period last year an increase of 9.6 per cent in the building permits
pushed the demand by the extremely low interest rate: The European Central Bank (ECB) interest rates in the euro area quasi abolished, the key interest rate is 0.05 percent. That’s why construction loans are currently as low not seen since years – although the interest rates for mortgages last increased slightly again
Last year, there was a veritable building boom in Germany: a total of 245 300 apartments were completed by numbers Federal Office and thus. 30 500 more than a year earlier. Investments are made in the construction and renovation also therefore vigorously because there are hardly any interest for savings. Therefore, many people prefer to put money in “concrete gold”.
In the first half of the current year dominated in the building permits multi-family homes. There was the same period rose by 5.3 percent to 62 272. Building permits for single family homes rose by only 1.0 percent to 44 751, with two-family homes, there was even a decrease of 4.7 percent to 9576 homes.
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