Belgian building permit recovery continues, but challenges lie ahead
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https://think.ing.com/articles/belgian-building-permits-rebound-continues-but-the-recovery-faces-challenges/
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4 itemsBelgian building permit recovery continues, but challenges lie ahead
Belgian building permit recovery continues, but challenges lie ahead
The recent recovery in Belgian building permits suggests a positive shift for the construction sector, yet significant challenges loom ahead that could dampen this momentum. Per the full note from ing-think, building permits rose by 8% year-on-year in the first half of 2026, predominantly driven by a 12% increase in new construction permits. Despite this growth, the construction landscape remains precarious due to escalating energy prices and rising financing costs, which could counteract progress. Market participants should closely monitor the implications of geopolitical risks, particularly from the Middle East, as they could further complicate the sector's recovery.