Australia: Dwelling Permits Lowest Since January 2013

In December 2018 the dwelling permits were slightly above 12.000 units in Australia. This is -23,9% under the annual average and the lowest since January 2013. If we put these numbers next to those from the last 10 years, the highest value is 23.501 units, and can be found in November 2017 while the lowest value is 7.431 units, back in January 2009. Compared to the year before, the value has decreased by -25,7% and compared to November, the value has decreased by -25,5%. Based on this data the B+L forecast for the current year leads to a yearly growth rate of -2,8%.

Denmark: Dwelling permits at a 4-month Low

In December 2018 the dwelling permits were slightly above 1.800 units in Denmark. This is 12,4% over the annual average and the lowest since August 2018. In comparison to the last 10 years, the highest value was 3.402 units in November 2016, while the lowest value was 547 units in February 2009. If we compare these numbers to the year before, the value has increased by 1,3% and compared to November, we have a decrease of the value by -9,5%. Based on this data the B+L forecast for the current year leads to a yearly growth rate of -3,0%.

Poland: Dwelling permits Lowest in 12 Months

In December 2018 the dwelling permits were just above 19.300 units in Poland. This is 21,7% over the annual average and the lowest since December 2017. Compared to the year before, the value has increased by 0,5% and compared to November, the value has a slight decrease of-2,1%. Based on this data the B+L forecast for the current year leads to a yearly growth rate of 2,7%.

Spain: Dwelling Permits rise to a 4-Month High

In November 2018 the dwelling permits were slightly under 11.800 units in Spain. This is 21,9% over the annual average and the highest since July 2018. 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 has increased by 30,3% and compared to October, we have an increase of the value by 3,9%. Based on this data the B+L forecast for the current year leads to a yearly growth rate of 12,0%.

Colombia: Dwelling permits Up 30,1% Since October

In November 2018 the dwelling permits were slightly under 13.800 units in Colombia. By comparison, looking back 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 increased by 23,9% and compared to October, we have an increase of the value by 30,1%. Based on this data, the B+L forecast for the current year leads to a yearly growth rate of 5,3%.

Canada: Dwelling permits at a 9-Month Low

In November 2018 the dwelling permits were slightly under 22.400 units in Canada. This is 23,1% over the annual average and the lowest since February 2018. Looking back to the last 10 years, we can find the highest value in May 2018, which is 50.309, and the lowest value in January 2009, which is 6.323 units. Compared to the year before, the value has increased by 31,6% and compared to October, the value has decreased by -30,7%. Based on this data the B+L forecast for the current year leads to a yearly growth rate of 4,5%.

Croatia: Dwelling permits Up 7,1% Compared to September

In October 2018 the dwelling permits were slightly under 1.300 units in Croatia. This is 27,3% over the annual average and the lowest since July 2018. By comparison, in the last 10 years the highest value was 5.119 units in December 2008 and the lowest value was 412 units in July 2014. Compared to the year before, the value has increased by 12,9% and compared to September, we have an increase of the value by 7,1%. Based on this data the B+L forecast for the current year leads to a yearly growth rate of -3,4%.

Australia: Dwelling permits Lowest Since January 2017

In November 2018 the dwelling permits were slightly above 16.150 units in Australia. Compared to the previous year, building permits decreased by -31,3%. The negative trends started in July 2018 and is expected to continue in 2019.

Finland: Dwelling permits decreased for 8 months in row

After the two digit growth of building permits in 2016 and 2017, the number of dwellings permitted in 2018 is decreasing sharply in Finland. In October 2018, the dwelling permits were close to 3.000 units. Compared to the boom-year 2017, building permits decreased for the 8th month in row. Based on this data the B+L forecast for the current year leads to a yearly negative growth rate of -1,5%. Nonetheless, construction investments for residential building grew in 2018 due to the high number of permits from the previous years.

Czech Republic: Dwelling permits Lowest in 8 Months

In November 2018 the dwelling permits were around 2.400 units in the Czech Republic. This is -16,5% under the annual average and the lowest since March 2018. Put this number next to the last 10 years, and the highest value can be found back in May 2008, which is 4.686 units while the lowest value was 1.659 units in January 2015. Compared to the year before, the value has decreased by -4,2% and compared to October, we have a decrease of the value by -13,1%. Based on this data the B+L forecast for the current year leads to a yearly growth rate of -3,2%.

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Robin Huth
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Email: RH@BL2020.com