Purchase prices for condominiums in Germany's largest cities will continue to rise until the end of 2021. This is the conclusion of the immowelt forecast for major cities with more than 500,000 inhabitants.
For a recent study, the Stiftung für Zukunftsfragen (Foundation for Future Issues) asked 3,000 German citizens about their housing preferences. The result: More and more people want affordable living space in the countryside.
A recent study shows that sanitary, heating and air-conditioning installers do not have much to say to end consumers when it comes to choosing sanitary products. Especially when it comes to bathroom renovation, customers rely on the Internet.
The demand in the German residential market is unbroken. The trend towards home offices is even boosting demand somewhat. Thus, the prices for houses and apartments have increased further by almost 8 percent in the third quarter of 2020.
A recent study entitled "Corona - and then?" by Dr. Wieselhuber & Partner (W&P) suggests that in the construction supply industry, both manufacturers and retailers came through the Corona year in good shape. In 2020, construction suppliers saw themselves as less affected by the Corona pandemic than they were by the 2009 financial crisis.
The oil and gas sector in Nigeria was under heavy pressure during the Corona crisis. Nevertheless, there has been some movement in the sector recently. The government wants to invest in gas infrastructure.
The weak economy and, most recently, the Corona crisis have taken their toll on the construction industry in South Africa in recent times. Despite the high demand for new construction and modernization, construction investments have been declining for years. Hopes are now pinned on an upswing this year supported by government financial injections.
The chemical industry in India is also feeling the effects of the Corona crisis. In the long term, however, the outlook remains good. The Indian government believes in the growth potential of the industry and is supporting investments.
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Here you will find short economic profiles of countries that are in the special focus of the global economy and are not without importance for the valve industry.
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