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BERLIN, May 22 (Xinhua) -- The shortage of housing for low-income households in Germany is worsening. Last year, the number of social housing units in the country fell by 15,300 to around 1.07 million, according to figures provided by the government on Wednesday.
Building permits for apartments in Germany fell 18.3% in February from a year earlier, government data on Thursday showed, underscoring a continued downturn in demand in the construction and real estate industry. Germany has been jolted by the most severe slump in the property sector in decades. The number of building permits is an important indicator of future construction.
BERLIN, April 18 (Xinhua) -- Germany's housing crisis persists, with an 18.3 percent year-on-year decrease in residential building permits for February, the Federal Statistical Office (Destatis) said on Thursday.
The SPD and FDP have agreed to extend the rent freeze beyond 2025. Part of their agreement is also a compromise on the storage of communication data for investigation purposes, as was announced by...
BERLIN, Feb. 20 (Xinhua) -- The housing crisis in Germany shows no sign of easing as residential building completions were set for a "dramatic slump," the country's property federation (ZIA) warned on Tuesday.