Residential construction in the period of January-February 2021

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19.03.2021

In the period of two first months of 2021, there were less dwellings completed than the year before. The number of dwellings in which construction has begun also decreased. Whereas the number of dwellings for which permits have been granted or which have been registered with a construction project increased.

According to the preliminary data, 33.9 thousand dwellings were completed in the period of January-February 2021, i.e. by 0.6% less than a year ago. Developers completed 19.6 thousand dwellings – by 4.5% less than in the corresponding period of 2020, whereas private investors completed 13.7 thousand dwellings, i.e. by 7.1% more. Within these forms of construction, 98.5% of the total number of newly completed dwellings was built. Within other forms of construction, i.e. cooperative, municipal, public building society and company construction 506 dwellings were completed (686 in the previous year). The total useful floor area of dwellings completed in the period of January-February 2021 amounted to 3.2 million m2, i.e. by 2.9% more than a year ago and the average useful floor area of 1 dwelling was 95.3 m2.

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