German domestic construction property loans, unadjusted
German domestic construction property loans, unadjusted stood at -1.6 in % z.Vj. in 2025, according to Deutsche Bundesbank. It is one of the indicators in the Property market (annual) table (Value · Annual), with a complete series running from 2004 to 2025. The complete series with an interactive chart, free to download.
This indicator in the Property market (annual) table
| Indicator | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Financial Indicators | |||||||||||
| Loans to domestic borrowers entailing commercial property risk by economic sector, construction sector excluding civil engineering, unadjusted | -1.6 | -1.9 | 2 | 9.4 | 7.7 | 7.9 | 82.4 | 10.6 | 7.9 | 5.4 | |
| Loans to domestic borrowers entailing commercial property risk by economic sector, housing enterprises, unadjusted | 2.5 | 1 | 2.3 | 6.3 | 9.6 | 7.7 | 26.4 | 6.8 | 5 | 4.4 |
Understanding german domestic construction property loans, unadjusted
Tracking credit exposure specifically tied to domestic builders, this indicator isolates loans entailing commercial property risk within the construction sector. The aggregate deliberately excludes civil engineering projects, focusing entirely on entities erecting commercial structures rather than public infrastructure. The measurement captures borrowing by domestic enterprises tasked with building offices, retail spaces, and industrial sites. This strict perimeter ensures the data reflects commercial building financing, differentiating it entirely from the borrowing habits of housing enterprises or foreign construction firms.
Operating with unadjusted metrics dictates that users evaluate structural credit demand through year-on-year comparisons. Short-term, period-on-period analysis often falls victim to the lumpy nature of construction financing, where massive project loans are drawn down unevenly. Analysts must carefully distinguish this series from general business lending, as it strictly defines commercial property risk within a single, non-civil engineering sector. Revisions occasionally surface when credit institutions refine the categorisation of complex, multi-stage commercial development loans.
Frequently asked questions
- Are loans for highway or bridge construction included?
- Civil engineering projects are explicitly carved out of the dataset to focus on structural building construction.
- Does this cover borrowing by international building firms?
- The aggregate strictly limits its scope to domestic borrowers operating within the national borders.
- How does construction lumpiness affect the figures?
- The raw, unadjusted presentation retains the natural volatility of massive development loans, making year-on-year analysis essential.