In the 1st quarter of 2022, the number of licensed buildings was 6.8 thousand, i.e., 0.6% more than in the same quarter of the previous year (-3.3% in the 4th quarter of 2021) and 7.1% more compared to the 1st quarter of 2019. Building permits for new constructions increased by 4.1% (+1.2% in the 4th quarter of 2021), corresponding to a level 16.5% higher than in the 1st quarter of 2019. The number of renovation permits decreased by 9.1% (-11.4% in the 4th quarter of 2021), corresponding to a decrease of 14.1% compared to the 1st quarter of 2019. An estimated 3.8 thousand buildings were completed in the 1st quarter of 2022, i.e., 1.8% more compared to the same period in 2021 (+2.0% in the 4th quarter of 2021) and up 15.2% vis-à-vis the 1st quarter of 2019.

When compared with the previous quarter, the number of building permits grew by 20.6% (-8.9% in the 4th quarter of 2021) and the number of completed buildings decreased by 3.1% (+1.3% in the 4th quarter of 2021).

A monthly analysis highlights the 6.5% decrease in the number of building permits in March 2022, compared to the same month of 2021. Vis-à-vis March 2019, the number of building permits increased by 19.8%.