Housing permits drop in July – GUS

In July, the number of dwellings on which construction has started increased by 3.4 percent y/y to 18,900, according to data released by the Central Statistics Office (GUS), in m/m terms it dropped by 15 percent. Moreover, the number of dwellings completed decreased by 12 percent y/y to 15,252.

The number of housing permits issued last month dropped by 4.8 percent y/y to  19,658.

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