Home INE Building permits increased by 16.3% and completed buildings grew by 12.3%

Building permits increased by 16.3% and completed buildings grew by 12.3%

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In the 3rd quarter 2018, the number of building permits increased by 16.3% in comparison with the same period of the previous year (+20.3% in the 2nd quarter 2018), corresponding to 5.3 thousand buildings. Building permits for new constructions increased by 18.6% (+21.3% in the 2nd quarter 2018), while the number of rehabilitation permits increased by 6.0% (+18.9% in the 2nd quarter 2018). Completed buildings increased by 12.3% (+17.9% in the 2nd quarter 2018) totalling 3.9 thousand buildings.
When compared to the previous quarter, the number of building permits decreased by 7.7% (+5.9% in the 2nd quarter 2018) while the rate of change as regards the number of completed buildings was +8.2% (+3.0% in the 2nd quarter 2018).

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