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Building permits increased by 2.0% and completed buildings grew by 20.0%
Construction: building permits and completed buildings
Building permits increased by 2.0% and completed buildings grew by 20.0% - 1st Quarter 2018
14 June 2018

Summary

In the 1st quarter 2018, building permits increased by 2.0% in comparison with the same period of the previous year (-1.3% in the 4th quarter 2017), corresponding to 5.1 thousand buildings. Building permits for new constructions increased by 6.3% (+3.5% in the 4th quarter 2017) while the number of rehabilitation permits decreased by 20.7% (-12.1% in the 4th quarter 2017). Completed buildings recorded a 20.0% increase (+19.6% in the 4th quarter 2017) with a total of 3.5 thousand buildings.
When compared with the previous quarter, the number of building permits increased by 18.3% (-4.0% in the 4th quarter 2017) while the rate of change as regards completed buildings was +3.6% (+0.7% in the 4th quarter 2017).


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