GUS: sharp rise in apartment completions in Q1-3 this year
17:41
In the first nine months of 2016, the number of apartment completions was considerably higher than in the same period last year, the Central Statistical Office (GUS) announced on Monday.
According to preliminary GUS data, in January-September 2016, 112,337 apartments were completed, up 10.9 percent from the same period in 2015, which saw an increase of only 1.2 percent. Moreover, in the first nine months of 2016, permits were issued or applications filed for construction projects to build 154,349 apartments, up 11.8 percent from the same period in 2015. The number of apartments whose construction was started was also up – to 133,089, a 3.9 percent increase.
