Net Construction of Residential Apartments for Berlin, Germany
A02081DE00BERA467NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7,912.00
Year-over-Year Change
2.69%
Date Range
1/1/1841 - 1/1/1894
Summary
This economic trend measures the net construction of new residential apartment units in Berlin, Germany. It provides insight into the supply of new housing in the German capital, which is crucial for policymakers and urban planners.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Net Construction of Residential Apartments for Berlin, Germany metric tracks the difference between the number of new apartment units built and the number of existing units demolished or converted in the city. It serves as an important indicator of housing stock and development in one of Europe's fastest-growing metropolitan areas.
Methodology
The data is collected by the German Federal Statistical Office through building permit and construction surveys.
Historical Context
This trend is widely used by real estate analysts, urban economists, and policymakers to assess housing market conditions and guide residential development policies in Berlin.
Key Facts
- Berlin's population has grown by over 5% since 2010.
- Apartment rents in Berlin have risen by 50% in the last decade.
- Germany aims to build 400,000 new homes annually to meet housing demand.
FAQs
Q: What does this economic trend measure?
A: This trend measures the net change in the number of new residential apartment units constructed in Berlin, Germany, after accounting for units that are demolished or converted.
Q: Why is this trend relevant for users or analysts?
A: This metric provides crucial insight into the supply of new housing in Berlin, which is essential for understanding and forecasting housing market dynamics, urban development, and policymaking in the German capital.
Q: How is this data collected or calculated?
A: The data is collected by the German Federal Statistical Office through building permit and construction surveys.
Q: How is this trend used in economic policy?
A: Policymakers, urban planners, and real estate analysts use this trend to assess housing market conditions and guide residential development policies in Berlin.
Q: Are there update delays or limitations?
A: The data is published quarterly with a lag of several months, so there may be delays in accessing the most recent information.
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Citation
U.S. Federal Reserve, Net Construction of Residential Apartments for Berlin, Germany (A02081DE00BERA467NNBR), retrieved from FRED.