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Business & Economics

Despite housing crunch, German construction sector stuck in doldrums

DPA International
Summary
Nutrition label

83% Informative

Survey: 57% of housing construction companies complain about a lack of work and difficult conditions.

The downturn in the residential construction sector began in early 2022 and bottomed out about a year ago .

Ironically, demand for new flats remains extremely high in Germany , where many cities are facing housing shortages and sharply rising rents.

VR Score

90

Informative language

92

Neutral language

61

Article tone

formal

Language

English

Language complexity

57

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

1

Affiliate links

no affiliate links