News

Colombia: Dwelling permits up 3,5% compared to August

In September 2018 the dwelling permits were slightly above 14.900 units in Colombia. Compared to the year before, we have an increase of 12,7% and compared to August 2018, dwelling permits have increased by 3,5%. Nonetheless, the development of building permits in Colombia is quite volatile: In the first and in the third quarter less dwellings were permitted compared to the previous year, while the second quarter showed a two digit growth rate compared to the same period in 2017.

 

From January to September dwelling permits developed positive with +2,3% compared to the previous period (2017). Based on this data the B+L forecast for the current year leads to a yearly growth rate of 5,3%.

Czech Republic: Dwelling permits decreased by -10,0 % compared to September 2017

In September 2018, the dwelling permits were 2.559 units in Czech Republic. This is a decline of -10,0% compared to September 2017. After a peak in March, building permits are decreasing since April. Comparing the first three quarters in 2018 to the same period in 2017, building permissions the Czech Republic show a decline of -3,9 %.

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.

Denmark: Dwelling permits on a 1.8% rise compared to August

In September 2018 the dwelling permits were around 1.670 units in Denmark. If we compare this to the last 10 years, the highest value was 3.663 units in December 2010 and the lowest value was 563 units in August 2009. Compared to the year before, the value decreased by -23,6% and compared to August, the value has increased by 1,8%. Based on this data the B+L forecast for the current year leads to a yearly growth rate of -3,0%.

Netherlands: Dwelling permits down by -12,2% (yoy)

In August 2018 the dwelling permits were 4.888 units in Netherlands.This is the lowest since May. In comparison to the year before the value decreased by -12,2%. Aufgelaufen ergibt sich im laufenden Jahr ein Minus von über 6% gegenüber dem Vorjahr.

Poland: Dwelling permits up by 21,9% (year-on-year)

In August 2018 the dwelling permits were slightly above 22.000 units in Poland. The value rose 12,3% up to 22.074 units. In comparison to the year before the value increased by 21,9% and compared to July the value increased by 12,3%. Based on this data the B+L forecast for the current year leads to a yearly growth rate of 1,9%.

Germany: Dwelling permits down -10,5%

In August 2018 the dwelling permits were close to 27.500 units in Germany. The value fell -10,5% down to 27.498 units. In comparison to the last 10 years the highest value was 31.125 units in December 2016 and the lowest value was 9.860 units in January 2009. Compared to the year before, the value increased by 2,1% and compared to July, the value decreased by -10,5%. Based on this data the B+L forecast for the current year leads to a yearly growth rate of -0,8%.

Germany: Non-residential building permits down -0,3%

In August 2018 the non-residential building permits were close to 3.200.000 m² in Germany. The value fell -0,3% down to 3.166.000 m². In comparison to the year before the value decreased by -2,0% and compared to July, the value decreased by -0,3%. Based on this data the B+L forecast for the current year leads to a yearly growth rate of 3,6%.

Spain: Dwelling permits highest since December 2008

In July 2018 the dwelling permits were slightly above 15.000 units in Spain. This is 55,3% over the annual average and the highest since December 2008. The value rose 22,6% up to 15.014 units. In comparison to the last 10 years the highest value was 36.458 units in April 2008 and the lowest value was 3.021 units in August 2013. Compared to the year before, the value increased by 35,5% and compared to June, the value increased by 22,6%. Based on this data the B+L forecast for the current year leads to a yearly growth rate of 12,0%.

USA: Dwelling permits up by 3,5%

In August 2018 the dwelling permits were something under 117.000 units in USA. In comparison to the last 10 years the highest value was 134.800 units in June 2015 and the lowest value was 36.280 units in January 2011. When put next to the year before, the value decreased by -4,3% but compared to July, the value has increased by 3,5%. Based on this data the B+L forecast for the current year leads to a yearly growth rate of 3,1%.

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Robin Huth
T.: +49 228 62987-21
Email: RH@BL2020.com