Residential construction in the period of January-February 2023

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In the first two months of 2023, there were less 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 as well as dwellings in which construction has begun also decreased.

According to the preliminary data, 34.1 thousand dwellings were completed in the period of January-February 2023, i.e. 2.9% less than in the corresponding period of 2022. Developers completed 18.8 thousand dwellings – by 2.4% less than a year ago, whereas private investors completed 14.8 thousand dwellings, i.e. by 1.7% less. Within these forms of construction, 98.7% 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 0.5 thousand dwellings were completed (0.8 thousand in the previous year).

The total useful floor area of dwellings completed amounted to 3.3 million m2, i.e. by 3.5% less than a year ago and the average useful floor area of 1 dwelling was 96.5 m2.

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