Homebuilding Picks Up in Germany; Construction Association Revises Sales Growth Forecast
According to German construction industry association HDB home sales growth is expected to pick up to 8.5% YoY.
Arslan Butt•Monday, June 17, 2019•1 min read

According to German construction industry association HDB home sales growth is expected to pick up to 8.5% YoY. HDB revised its estimate from 6% previously on account of a boom in homebuilding in Germany.
HDB anticipates around 300,000 homes to be built in 2019, which is less than the government’s goal of seeing 375,000 homes constructed during this period. The association also expects home sales in Germany to increase by 5-6% in 2020.
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Arslan Butt
Index & Commodity Analyst
Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics.His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker.His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.
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