Overall in 2019, 342,000 new homes will be needed throughout Germany to meet demand. READ ALSO: Germany to invest in new homes as rent in cities soars by six percentWhy are too few homes being built? In Stuttgart for example just 56 percent of the apartments needed have been built since 2016. READ ALSO: Why Berlin is buying back nearly 700 apartments on its historic Karl-Marx-AlleeNew homes being constructed in Hamburg. According to estimates by study authors, demand for homes will fall to around 260,000 apartments per year by 2025 and to around 246,000 apartments per year by 2030.

Source: The Local July 22, 2019 08:26 UTC