Increase of dwellings completed in 2011: 14.6%

As reported by the Federal Statistical Office (Destatis), the construction of a total of 183,000 dwellings was completed in Germany during the year 2011. Compared with the year 2010, this is an increase of 14.6% or 23,000.

Detailed information in German: Destatis

The impact in the supply is still to small too cover the ever growing demand for suitable housing. The Berlin Housing Market Report 2012 demonstrates impressively the shortage through rising rents.

Increase of dwellings completed in 2011: 14.6%