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Number of completed buildings declined but building permits slowed downturn
Construction: building permits and completed buildings
Number of completed buildings declined but building permits slowed downturn - 2nd Quarter 2013
13 September 2013

Summary
In the 2nd quarter of 2013 the number of building permits recorded a reduction of 18.0%, when compared with the 2nd quarter of 2012 (-22.9% in the 1st quarter 2013), settling at 4.4 thousand buildings. The number of completed buildings decreased by 16.6% (-12.5% in the 1st quarter 2013) reaching 5.2 thousand completed buildings.
Vis-à-vis the previous quarter, the number of building permits declined by 1.7% (-7.2% in the 1st quarter 2013) while completed buildings decreased by 2.7% (-24.5% in the 1st quarter 2013).

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