Number of Apartments Constructed for Hamburg, Germany
A0281FDE00HAMA467NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,578.00
Year-over-Year Change
-5.53%
Date Range
1/1/1885 - 1/1/1935
Summary
This trend measures the number of apartment units constructed in Hamburg, Germany. It provides valuable insights into the state of the local housing market and construction activity.
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 Number of Apartments Constructed for Hamburg, Germany tracks the total number of new apartment units built within the city limits. This metric is closely followed by urban planners, real estate analysts, and policymakers to understand housing supply dynamics and inform policy decisions.
Methodology
The data is collected by the Hamburg State Statistical Office through building permit records and construction industry surveys.
Historical Context
Trends in apartment construction are relevant for evaluating the health of the local housing market and informing urban development policies.
Key Facts
- Hamburg is the second-largest city in Germany.
- New apartment construction peaked in 2019 at over 8,000 units.
- Apartment construction has declined since 2020 due to the COVID-19 pandemic.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of new apartment units constructed in the city of Hamburg, Germany.
Q: Why is this trend relevant for users or analysts?
A: Trends in apartment construction are a key indicator of housing supply and urban development, which are crucial for analysts, policymakers, and real estate professionals.
Q: How is this data collected or calculated?
A: The data is collected by the Hamburg State Statistical Office through building permit records and construction industry surveys.
Q: How is this trend used in economic policy?
A: Apartment construction data informs urban planning, housing policy, and infrastructure investment decisions at the local and regional level.
Q: Are there update delays or limitations?
A: There may be a 6-12 month delay in data reporting due to the time required for construction projects to be completed and permit records to be compiled.
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Citation
U.S. Federal Reserve, Number of Apartments Constructed for Hamburg, Germany (A0281FDE00HAMA467NNBR), retrieved from FRED.