home prices

Homebuilding Picks Up in Germany; Construction Association Revises Sales Growth Forecast

Posted Monday, June 17, 2019 by
Arslan Butt • 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.

Check out our free forex signals
Follow the top economic events on FX Leaders economic calendar
Trade better, discover more Forex Trading Strategies
Related Articles
0 0 vote
Article Rating
Notify of
Inline Feedbacks
View all comments