Netherlands: Dwelling permits Highest Since October 2017

In September 2018 the dwelling permits were 6.482 units in Netherlands. This is 38,7% over the annual average and the highest since October 2017. 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, we have a decrease of the value by -8,9% and compared to August, an increase of 33,9%. Based on this data the B+L forecast for the current year leads to a yearly growth rate of -2,5%.

Chile: Dwelling permits Highest in 5 Months

In October 2018 the dwelling permits were 15.252 units in Chile. This is 19,8% over the annual average and the highest since May 2018. When compared to the last 10 years, we conclude that the highest value was 27.069 units in March 2009 and the lowest value was 5.791 units in July 2016. Put next to the year before, the value has increased by 104,4% and compared to September, the value has increased by 103,8%. Based on this data the B+L forecast for the current year leads to a yearly growth rate of 2,2%.

Finland: Residential building grows further

The positive development for residential building in Finland goes on. In September 2018, the number of dwelling that were completed was 3.683 units. In comparison to the year before the value increased by 34,4%. Based on this data the B+L forecast for the current year leads to a yearly growth rate of 12,0%.

Germany: Building permission from January to September 2018 show increase

In September 2018, 25.293 dwellings were permitted in Germany. In the first three quarters of 2018 permits for residential building increased by 3,2% compared to the same period in 2017. As for 2018 in total, B+L forecasts building permissions to increase by 2,2% compared to the previous year. Thereby, multi-family houses develope much better than single family houses.

Romania: Dwelling permits expected to grow by 4,7% in 2018

In August 2018 the dwelling permits were slightly above 9.300 units in Romania. In comparison to the last 10 years the highest value was 13.821 units in March 2008 and the lowest value was 2.199 units in January 2013. Compared to August 2017, the value has increased by 22,3% and compared to July, we have a decrease of the permits by -8,9%. As for 2018 the B+L forecast leads to a yearly growth rate of 4,7%.

Macedonia: Dwelling permits up 73,7% compared to August

In September 2018 the dwelling permits were 495 units in Macedonia. Compared to the year before, we have a decrease of the value by -25,6% and compared to August, the value has increased by 73,7%. Based on this data the B+L forecast for the current year leads to a yearly growth rate of 5,1%.

Colombia: Dwelling permits Highest Since April 2018

In August 2018 the dwelling permits were 14.400 units in Colombia. This is 3,6% over the annual average and the highest since April 2018. In comparison to the last 10 years the highest value was 31.440 units in December 2015 and the lowest value was 6.662 units in January 2010. Compared to the year before, the value has decreased by -6,9% and compared to July, we have an increase of 16,3%. Based on this data the B+L forecast for the current year leads to a yearly growth rate of 5,3%.

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.

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Robin Huth
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Email: RH@BL2020.com