Real Estate Market: Study: Crisis in Housing Presses Economic Growth
According to "Bau-Monitor", 1.35 million apartments are currently missing nationwide - a size that the institute already had on behalf of the Alliance at the beginning of the year
- Center-left4
- Center-right1
4 agency rewrites / co-publications detected
Summary
According to the "Bau-Monitor" currently lacks 1.35 million apartments nationwide - a magnitude that the institute had already determined at the beginning of the year on behalf of the Alliance of Social Housing. 1.35 million homes are missing “Economic growth only works with more housing,” explained Matthias Günther, head of the Pestel Institute. August 2026, 10:35 am Housing has experienced a slump since 2023. The slump in housing between 2023 and 2025 has slowed down the entire economy in Germany, according to a study.
Furthermore, According to the Federal Statistical Office, the first six months of this year saw an increase of 15.1 percent to 126,300 units. According to the study, at least 58,000 apartments are missing in Berlin alone, 23,000 in Hamburg, 364,000 in North Rhine-Westphalia, 220,000 in Bavaria and 201,000 in Baden-Württemberg. In 2025, around 84,600 apartments were built nationwide less than two years earlier, according to the so-called construction monitor 2026.
In addition, That is, it calculates what would have been if around 300,000 homes had been built in 2025 as in previous years. In 2027, only two billion euros would be available.
Cross-referenced from 5 sources.
Factual coreconfirmed by several independent voices
According to the "Bau-Monitor" currently lacks 1.35 million apartments nationwide - a magnitude that the institute had already determined at the beginning of the year on behalf of the Alliance of Social Housing.
reliability low1/3 sources1.35 million homes are missing “Economic growth only works with more housing,” explained Matthias Günther, head of the Pestel Institute.
reliability low1/3 sourcesAugust 2026, 10:35 am Housing has experienced a slump since 2023. The slump in housing between 2023 and 2025 has slowed down the entire economy in Germany, according to a study.
reliability low1/3 sourcesAccording to the Federal Statistical Office, the first six months of this year saw an increase of 15.1 percent to 126,300 units.
reliability low1/3 sourcesAccording to the study, at least 58,000 apartments are missing in Berlin alone, 23,000 in Hamburg, 364,000 in North Rhine-Westphalia, 220,000 in Bavaria and 201,000 in Baden-Württemberg.
reliability low1/3 sourcesIn 2025, around 84,600 apartments were built nationwide less than two years earlier, according to the so-called construction monitor 2026.
reliability low1/3 sourcesThat is, it calculates what would have been if around 300,000 homes had been built in 2025 as in previous years.
reliability low1/3 sourcesIn 2027, only two billion euros would be available.
reliability low1/3 sources
Disputedincompatible versions — to verify
No factual contradiction detected between sources.
Framing by sidesame fact, different words — loaded terms highlighted
No notable framing divergence.
Blind spotwhat one side keeps silent
No blind spot detected: every side covers the same facts.
Sources4 sources cross-checked
Center-left3
Center-right1
