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Building permits and completed buildings recorded a less intense reduction
Construction: building permits and completed buildings
Building permits and completed buildings recorded a less intense reduction - 1st Quarter 2015
12 June 2015

Summary
In the 1st quarter of 2015 the number of building permits decreased by 1.3%, when compared with the 1st quarter of 2014 (-4.0% in the 4th quarter of 2014), settling at 3.9 thousand buildings. Building permits for new construction increased by 7.1% (-0.8% in the 4th quarter of 2014), while rehabilitation works decreased by 15.9% (-10.4% in the 4th quarter of 2014). The number of completed buildings decreased by 25.6% (-35.7% in the 4th quarter of 2014) reaching 3.1 thousand completed buildings.
Vis-à-vis the previous quarter, the number of building permits increased by 2.2% (+0.9% in the 4th quarter of 2014) while completed buildings declined by 2.6% (-5.4% in the 4th quarter of 2014).

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