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Germany: Dwelling Permits down by -6,4% (YOY)

In March 2019 the dwelling permits were exactly 23.550 units in Germany. 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, we have a decrease of the value by -6,4% and compared to February, the value has increased by 20,8%. Based on this data, the B+L forecast for the current year leads to a yearly decline of -5,7%.

Canada: Dwelling Permits Rise to a 4-Month High

In March 2019 the dwelling permits were close to 20.700 units in Canada. This is 13,6% over the annual average and the highest since November 2018. In comparison to the last 10 years the highest value was 50.402 units in May 2018 and the lowest value was 6.323 units in January 2009. Compared to the year before, we have a decrease of the value by -11,0% and compared to February, a significant increase of 45,8%. Based on this data, the B+L forecast for the current year leads to a yearly growth rate of 1,4%.

Poland: Dwelling Permits down -18,3% Since January

In February 2019 the dwelling permits were nearly 16.850 units in Poland. In comparison to the last 10 years the highest value was 25.239 units in March 2018 and the lowest value was 8.063 units in January 2013. Compared to the year before, the value has decreased by -17,4% and compared to January, the value has decreased by -18,3%. Based on this data, the B+L forecast for the current year leads to a yearly decline of -4,3%.

Spain: Dwelling Permits down -1,5% Since January

In February 2019 the dwelling permits were slightly under 9.200 units in Spain. If we look back to the last 10 years, the highest value was 12.172 units, in July 2018 and the lowest value was 1.585 units, further back in August 2013. Compared to the year before, the value has increased by 10,4% and compared to January, we have a decrease of the value by -1,5%. Based on this data, the B+L forecast for the current year leads to a yearly growth rate of 7,4%.

Australia: Dwelling permits decreased for the 8th time in row

In March 2019 the dwelling permits were slightly above 14.500 units in Australia. Compared to the previous year, the value has dropped by -26,8% and compared to February, we have a decrease of the value by -10,4%. Compared on a yoy-basis, building permits have decreased for 8 months now. Based on this data, the B+L forecast for the current year expects a decline of 5,7 % compared to 2018.

Denmark: Dwelling permits decreased in January and February 2019

In February 2019 the dwelling permits were slightly above 2.260 units in Denmark. After building permits increased strongly from June 2018 to December 2018, the first months in 2019 developed negative compared to January and February 2018. In February 2019, building permits decreased by -30,6 % compared yoy. Based on this data, the B+L forecast for the current year leads to a yearly decline of -9,0%.

Czech Republic: Dwelling Permits lowest in 12 Months

In February 2019 the dwelling permits were 2.100 units in Czech Republic. This is -24,4% under the annual average and the lowest since February 2018. In comparison to the last 10 years, the highest value was 4.222 units in May 2011 and the lowest value was 1.659 units in January 2015. Compared to the year before, the value has increased by 3,1% and compared to January, we have a decrease of the value by -2,5%. Based on this data, the B+L forecast for the current year leads to a yearly decline of -3,2%.

Germany: Dwelling Permits lowest in 2 Years

In February 2019 the dwelling permits were slightly above 19.500 units in Germany. This is -4,4% under the annual average and the lowest since February 2015. If we look back to the last 10 years, the highest value was 31.125 units, back in December 2016 and the lowest value was 9.860 units, in January 2009. If we compare this to the year before, we have a decrease of the value by -11,3%, while compared to January, the value has decreased by -18,7%. Based on this data, the B+L forecast for the current year leads to a yearly decline of -5,7%.

USA: Dwelling Permits down -5,0% Since January

In February 2019 the dwelling permits were exactly 89.700 units in the USA. This is 11,0% over the annual average and the highest since October 2018. 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. If we compare these numbers to the year before, the value has decreased by -2,6% and compared to January, we have a decrease of the value by -5,0%. Based on this data, the B+L forecast for the current year leads to a yearly growth rate of 1,5%.

Colombia: Dwelling Permits down by -12,5% (YOY)

In January 2019 the dwelling permits were slightly under 11.000 units in Colombia. If we look back to the last 10 years the highest value can be found back in December 2015 (which is 31.440 units), while the lowest value was 6.662 units, further back in January 2010. Compared to the year before, we have a decrease of the value by -12,5% and compared to December, the value has decreased by -17,1%. Based on this data the B+L forecast for the current year leads to a yearly growth rate of 8,8%.

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