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Dwelling permits and completed dwellings increased, despite the decline in building permits and completed works
Construction: building permits and completed buildings
Dwelling permits and completed dwellings increased, despite the decline in building permits and completed works - 3rd Quarter 2023
14 December 2023

Summary

In the 3rd quarter of 2023, 5.3 thousand buildings were granted permits, representing a decrease of 9.7% compared to the 3rd quarter of 2022 (-9.3% in the 2nd quarter of 2023) and 11.4% compared to the 3rd quarter of 2019. Buildings permits for new construction decreased by 10.6% (-9.5% in the 2nd quarter of 2023; -5.7% compared to the 3rd quarter of 2019). The number of renovation permits decreased by 8.3% (-9.2% in the 2nd quarter of 2023; -26.8% compared to the 3rd quarter of 2019).

Completed buildings decreased by 1.2% compared to the 3rd quarter of 2022 (-2.1% in the 2nd quarter of 2023), but increased by 6.5% compared to the 3rd quarter of 2019, totalling 3.9 thousand buildings. 

In the residential sector, dwelling permits for new constructions grew by 7.5% in the 3rd quarter of 2023 (+0.5% in the 2nd quarter), while completed dwellings increased by 9.9% (+11.1% in the 2nd quarter of 2022).

Compared to the previous quarter, the number of building permits decreased by 8.9% (-9.0% in the 2nd quarter of 2023), while the number of completed buildings increased by 1.8% (+3.2% in the 2nd quarter of 2023).


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