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Construction prices for residential buildings in Germany up 2.8%

Staff Writer |
In May 2017, the construction prices for conventionally constructed new residential buildings in Germany were up 2.8% compared with May 2016.

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In February 2017, as reported by the Federal Statistical Office (Destatis), the prices increased 2.6% on a year earlier.

Compared with February 2017, the prices for residential buildings rose up 0.9% in May 2017.

Concerning non-residential buildings, in May 2017, the prices were up 2.9% for office buildings compared with May 2016.

For industrial buildings the prices rose up 3.2%.

For road construction the prices rose up 3.7% compared with the corresponding month of the preceding year.


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