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16 Nov 2023

Collapse in German Homebuilding Threatens Wider Economic Impact

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The once-thriving residential construction industry in Germany, the EU's largest economy, is in a slump. This industry’s downturn is driving a decline in the EU house prices index and is posing potential wider economic damage. This downward trend has been observed from January 2015 till now. [Source](https://www.ft.com/content/b60fa38a-9cca-4170-a9f7-a0826b9ca74b)