German apartment building permits rise 30% in July as sector steadies
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FILE PHOTO: General view of an apartment building in Dortmund, Germany, July 9, 2019. REUTERS/Leon Kuegeler/File Photo
FRANKFURT (Reuters) -Permits to build apartments in Germany rose 30% in July from a year earlier, statistics office data showed on Thursday, as the nation's troubled property industry shows signs of stabilisation.
The level in July a year earlier was the lowest for that month since 2009.
(Reporting by Tom SimsEditing by Ludwig Burger)
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