Denmark: Dwelling Permits Lowest Since August 2015

In August 2019 the dwelling permits were slightly above 1.800 units in Denmark. This is 8,5% over the annual average and the lowest since August 2015. In comparison to the last 10 years the highest value was 3.402 units in November 2016 and the lowest value was 547 units in February 2009. Compared to the year before, the value has decreased by -7,8%, while compared to July, we have an increase of the value by 0,8%. Based on this data, the B+L forecast for the current year leads to a yearly decline of -4,5%.

USA: Dwelling Permits Fall to a 3-Month Low

In September 2019 the dwelling permits were exactly 114.900 units in USA. This is 39,1% over the annual average and the lowest since June 2019. 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. Compared to the year before, the value has increased by 15,6%, while compared to August, we have a decresae of the value by -10,1%. Based on this data, the B+L forecast for the current year leads to a yearly growth rate of 1,1%.

Poland: Dwelling permits Rise to 4-Month High

In September 2019 the dwelling permits were almost 25.000 units in Poland. This is 52,4% over the annual average and the highest since May 2019. In comparison to the last 10 years the highest value was 26.965 units in May 2019 and the lowest value was 8.063 units in January 2013. Compared to the year before, the value has increased by 26,9%, while compared to August,we have an increase of the value by 11,0%. Based on this data, the B+L forecast for the current year leads to a yearly decline of -2,1%.

Croatia: Non-residential Building Permits Down -16,1% Since July

In August 2019 the non-residential building permits were almost 75.000 m² in Croatia. In comparison to the last 10 years the highest value was 374.420 m² in August 2010 and the lowest value was 22.866 m² in August 2013. Compared to the year before, the value has decreased by -33,4%, while compared to July, we have a decrease of the value by -16,1%. Based on this data, the B+L forecast for the current year leads to a yearly decline of -8,6%.

Netherlands: Dwelling Permits Lowest Since January 2016

In July 2019 the dwelling permits were almost 4.700 units in Netherlands. This is 5,3% over the annual average and the lowest since January 2016. In comparison to the last 10 years the highest value was 12.575 units in December 2009 and the lowest value was 1.261 units in August 2013. Compared to the year before, the value has decreased by -21,6%, and compared to June, we have an increase of the value by by 20,6%. Based on this data, the B+L forecast for the current year leads to a yearly decline of -7,0%.

Canada: Dwelling Permits at a 4-Month Low

In August 2019 the dwelling permits were slightly above 37.500 units in Canada. This is 96,5% over the annual average and the lowest since April 2019. 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, the value has increased by 1,7%, while compared to July, we have a decrease of the value by -12,5%. Based on this data, the B+L forecast for the current year leads to a yearly decline of -4,7%.

Germany: Dwelling Permits Down by -0,5% (Year-on-Year)

In August 2019 the dwelling permits were exactly 27.365 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, the value has decreased by -0,5, while compared to July, we have a decrease of the value by -2,0%. Based on this data, the B+L forecast for the current year leads to a yearly decline of -4,1%.

Germany: Non-residential Building Permits Down by -10,1% (Year-on-Year)

In August 2019 the non residential building permits were exactly 3.144.000 m² in Germany. In comparison to the last 10 years the highest value was 3.638.000 m² in July 2013 and the lowest value was 1.734.000 m² in January 2010. Compared to the year before, the value has decreased by -0,7% and compared to July, we have a decrease of the value by -10,1%. Based on this data, the B+L forecast for the current year leads to a yearly decline of -2,1%.

Czech Republic: Dwelling Permits Fall to a 6-Month Low

In August 2019 the dwelling permits were slightly above 2.700 units in Czech Republic. This is -2,3% under the annual average and the lowest since February 2019. 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 decreased by -1,3% and compared to June. we have a decrease of the value by -5,9%. Based on this data, the B+L forecast for the current year leads to a yearly growth rate of 1,9%.

Romania: Dwelling Permits Lowest Since April 2019

In July 2019 the dwelling permits were slightly under 8.700 units in Romania. This is 52,3% over the annual average and the lowest since April 2019. In comparison to the last 10 years the highest value was 11.950 units in May 2018 and the lowest value was 2.199 units in January 2013. Compared to the year before, the value has decreased by -15,7% and compared June, we have a decrease of the value by -3,7%. Based on this data, the B+L forecast for the current year leads to a yearly growth rate of 9,7%.

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Robin Huth
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Email: RH@BL2020.com