Developers launched 4.5% more apartments y/y in February

In February 2017, developers launched construction on 11,908 apartments, a 4.5 percent increase year-on-year and 6.2 percent increase month-on month, statistics office GUS said. In the same month, 12,062 apartments were delivered (a 1.8 percent drop y/y and 16.1 percent fall m/m) and permits for 22,178 apartments were issued (a 42.7 percent increase y/y and…

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