More new apartments were completed in 2019

With an increase of 2 percent, more apartments were built in Germany in 2019 than in almost 20 years. 293,000 new units were created in the past year, almost as much as in 2001, when 326,600 apartments were built. The Federal Government’s target, however, was 375,000 apartments per year. In 2019, significantly more apartments were approved than completed.

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