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Building permits increased by 28.1% and completed buildings grew by 15.9%
Construction: building permits and completed buildings
Building permits increased by 28.1% and completed buildings grew by 15.9% - 1st Quarter 2017
14 June 2017

Summary

In the 1st quarter 2017, building permits increased by 28.1% in comparison with the same period of the previous year (+17.0% in the 4th quarter 2016), corresponding to 4.9 thousand buildings. Building permits for new constructions grew by 35.3% (+20.2% in the 4th quarter 2016) while the number of rehabilitation permits increased by 17.3% (+11.6% in the 4th quarter 2016). Completed buildings recorded a 15.9% increase (+1.6% in the 4th quarter 2016) totaling 2.9 thousand buildings.
When compared with the previous quarter, the number of building permits increased by 11.9% (+4.7% in the 4th quarter 2016) and completed buildings recorded a rate of change of +8.9% (there was a nil variation in the 4th quarter 2016).


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