Significant increase in completions, but moderate prospects for housing construction in the future: In 2023, 9,837 residential units were added in Munich despite the real estate crisis. For the first time since 2018, this value has exceeded the city’s target number of 8,500 new apartments per year. In the previous five years, the values had fluctuated between 7,100 and 8,300 completions.
Living in Munich: A pleasing number of new apartments, but unpleasant prospects – Munich
