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Building permits increased by 12.0% and completed buildings declined by 10.7%
Construction: building permits and completed buildings
Building permits increased by 12.0% and completed buildings declined by 10.7% - 2nd Quarter 2016
13 September 2016

Summary

In the 2nd quarter 2016, building permits increased by 12.0% in comparison with the same period of the previous year (-4.3% in the 1st quarter 2016), corresponding to 4.2 thousand buildings. There was a 12.2% increase in building permits for new constructions (+2.8% in the 1st quarter 2016) while the number of rehabilitation permits increased by 10.6% (-11.3% in the 1st quarter 2016). Completed buildings declined by 10.7% (-13.8% in the 1st quarter 2016) with a total of 2.5 thousand buildings.
When compared with the preceding quarter, the number of building permits grew by 9.7% (+1.0% in the 1st quarter 2016) and the number of completed buildings declined by 1.4% (-4.6% in the 1st quarter 2016).

 


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