Housing permits drop in December – GUS

In December, the number of dwellings in which construction has started inched down y/y by 0.1 percent to 12,193, according to data released by the Central Statistics Office (GUS), in m/m terms it dropped by 16.9 percent. Moreover, the number of dwellings completed went up by 14.7 percent y/y to 20,775.

The number of housing permits issued in December grew by 10.7 percent to  19,225.

Overall, in 2017, the number of permits grew by 18.3 percent y/y to 250,218, while the number of apartments completed went up by 9.1 percent y/y to 178,258.

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