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Significant Decline in New Apartment Completions in April 2024

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Significant Decline in New Apartment Completions in April 2024
Source: Unsplash

The number of apartments completed in April 2024 decreased by 23.7% year-on-year to 15,892 and dropped by 11.5% from March, reported the Central Statistical Office (GUS). Apartments intended for sale or rent saw a 4% year-on-year decline, with 9,771 units completed, and a 13.7% decrease from the previous month.

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