Denmark: Dwelling permits decreased by -7,9% compared to previous year

In August 2018, 1.642 units were permitted for residential building in Denmark. If we take a look at the last 10 years, the highest value was 3.663 units in December 2010 which is more than twice the current value. Compared to August 2017, building permits have decreased by -7,9%. The current B+L forecast for 2018 takes this negative development into account expecting a decline of -3,0% for residential building.