Residential construction in January 2026

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19.02.2026

In January 2026, there was less by 8.0% dwellings completed compared to the corresponding period of 2025. The number of dwellings for which permits have been granted or which have been registered with a construction project as well as dwellings in which construction has begun also decreased (by 12.3% and 28.6%, respectively).

According to the preliminary data, 14.7 thousand dwellings were completed in January 2026, i.e. by 8.0% less than in the corresponding period of 2025. Developers[1] completed 8.6 thousand dwellings – by 11.4% less than a year ago, whereas private investors completed – 5.7 thousand dwellings, i.e. by 1.0% more. Within these two forms of construction, 97.6% of the total number of new dwellings was completed. In other forms, 350 dwellings were completed (575 in the previous year).

The total useful floor area of newly completed dwellings amounted to 1.4 million m2, i.e. by 4.1% less than a year ago and its average value for 1 dwelling was 93.0 m2.


[1] The form of construction - “For sale or rent”.

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