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Building permits and completed buildings kept downward trend
Construction: building permits and completed buildings
Building permits and completed buildings kept downward trend - 3rd Quarter 2014
12 December 2014

Summary
In the 3rd quarter of 2014 the number of building permits decreased by 6.1%, when compared with the 3rd quarter of 2013 (-4.5% in the 2nd quarter of 2014), settling at 3.7 thousand buildings. Building permits for new construction declined by 10.3% (-9.3% in the 2nd quarter of 2014), while rehabilitation works decreased by 1.9% (+2.1% in the 2nd quarter of 2014). The number of completed buildings decreased by 42.3% (-35.4% in the 2nd quarter of 2014) reaching 3.4 thousand buildings.
Vis-à-vis the previous quarter, the number of building permits decreased by 5.7% (+1.1% in the 2nd quarter of 2014) while completed buildings declined by 8.6% (-11.5% in the 2nd quarter of 2014).

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