Construction: Building Permits and Completed Buildings, Q3 2017, INE

Page created: Thursday, 14 December 2017 11:30GMT

Press Release:  14 December 2017 - 7 Page(s)
Building Permits  Construction Construction Sector  Real estate

In the 3rd quarter 2017, building permits increased by 6.7% in comparison with the same period of the previous year (+8.6% in the 2nd quarter 2017), corresponding to 4.5 thousand buildings. Building permits for new constructions grew by 14.7% (+13.6% in the 2nd quarter 2017) while the number of rehabilitation permits decreased by 5.4% (-0.3% in the 2nd quarter 2017). Completed buildings recorded a 23.2% increase (+12.2% in the 2nd quarter 2017) totalling 3.3 thousand buildings.
When compared with the previous quarter, the number of building permits decreased by 4.7% (-5.9% in the 2nd quarter 2017) and completed buildings recorded a rate of change of +14.8% (+0.2% in the 2nd quarter 2017).

Original title:  Building permits increased by 6.7% and completed buildings grew by 23.2% - 3rd Quarter 2017

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