Housing construction numbers down in August

Developers and other investors completed 9,802 housing units in August 2014, 6.3 percent less than in July 2014 and 21.2 percent less than in August 2013, according to preliminary statistics published by the Central Statistical Office. Construction on 13,993 units was launched in August, percent 4 more than a year before and 5.6 percent more than a month earlier. Building permits were issued for 13,600 apartments, which is 14.3 percent more than in August 2013 and 13.7 percent less than in July.