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Building permits and completed buildings keep downward trend, albeit less sharp in building permits
Construction: building permits and completed buildings
Building permits and completed buildings keep downward trend, albeit less sharp in building permits - 3rd Quarter 2015
14 December 2015

Summary

In the 3rd quarter 2015 the number of building permits decreased by 6.9%, over the same period of 2014 (-7.2% in the 2nd quarter 2015), settling at 3.5 thousand buildings. Building permits for new construction increased by 0.9% (+3.7% in the 2nd quarter 2015), while rehabilitation works decreased by 20.9% (-25.7% in 2nd quarter 2015). The number of completed buildings decreased by 24.8% (-22.8% in the 2nd quarter 2015) reaching 2.8 thousand completed buildings.
Vis-à-vis the previous quarter, the number of building permits decreased by 5.5% (-5.8% in the 2nd quarter 2015) while completed buildings declined by 3.0% (-9.8% in the 2nd quarter 2015).


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