Housing construction - August 2014
A A AAccording to preliminary data, in the period of January-August 2014, 88699 dwellings were completed, i.e. by 2.9% less than in the corresponding period of 2013 and by 4.3% less than in 2012 respectively.
In the period of eight months of 2014, the number of dwellings for which building permits have been granted amounted to 105837, i.e. by 15.6% more than in the corresponding period of 2013 (in which a drop by 20.6% was recorded). The number of dwellings in which construction has begun also increased to 99499, i.e. by 16.5% against a drop by 18.2% the year before.
The highest share (55.6%) in the total number of dwellings completed was attributed to private investors who in January-August of 2014 constructed 49359 dwellings, i.e. by 7.9% less than the year before. Compared to the corresponding period of January-August 2013, within this group of investors a drop was recorded in terms of the number of building permits granted to 51896 dwellings, i.e. by 0.9% (against a drop by 15.6% the year before), while the number of dwellings in which construction has begun increased to 53757 dwellings, i.e. by 3.5% (a drop by 12.8% the last year).
Developers, in the period of eight months of 2014, completed 34398 dwellings (which constituted 38.8% of the total number of dwellings completed), i.e. by 2.9% more than in the corresponding period of 2013. Investors building for sale or rent received building permits for 51629 dwellings, i.e. by 45.9% more than the year before (in which a drop by 29.4% was recorded). The number of dwellings in which construction has begun also increased to 43205 dwellings, i.e. by 38.9% (against a drop by 25.5% the year before).
Housing cooperatives in the period of eight months of 2014, completed 2179 dwellings, i.e. by 8.3% less than the year before. The number of dwellings for which building permits have been granted decreased to741 dwellings, i.e. by 15.0% (against a drop by 34.2% the year before) and the number of dwellings in which construction has begun - to 729 dwellings, i.e. by 20.2% (against a drop by 47.2% the year before).
Other investors (municipal, public building society and company construction) in the period of eight months of 2014 completed 2763 dwellings, i.e. by 40.2% more than in 2013. In this period, 1302 dwellings were completed in municipal construction against 1118 dwellings the year before, in public building society – 1174 dwellings against 667 dwellings the year before while in company construction - 287 dwellings against 186 dwellings in the corresponding period of 2013. The number of dwellings in which construction has begun increased to 1808, i.e. by 28.2%, while the number of dwellings for which permits have been granted decreased in this group of investors to 1571, i.e., by 46.3%.