Residential construction in the period of January-August 2018

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In the period of first eight months of 2018 there were more dwellings completed than the year before. The number of dwellings for which permits have been granted or which have been registered with a construction project and the number of dwellings in which construction has begun also increased.

According to preliminary data, in the period January-August of 2018, 114802 dwellings were completed, i.e. by 4.3% more than the year before. Among two main forms of constructions on the housing market better results were recorded by developers who completed 68495 dwellings and private investors 43531 dwellings (respectively by 8.1% and 0.2% more than in the corresponding period of the previous year). The share of these forms of construction amounted to 97.6% of the total number of dwellings completed in the period of eight months of 2018 (of which developers 59.7% and private investors 37.9%). Less dwellings, in comparison with January-August of 2017, were completed by the housing cooperatives (1289 dwellings against 1357) and in the public building society construction (651 dwellings against 1093), whereas more dwellings in the municipal construction (751 dwellings against 701) and in the company construction (85 dwellings against 62).

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