Residential construction in the period of January-March 2018
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In the period of three 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-March of 2018, 44908 dwellings were completed, i.e. by 10.6% more than the year before (in which an increase was noted by 8.5%). Among two main forms of constructions in the housing market better results were recorded by developers who completed 24898 dwellings, i.e. by 12.1% more than the year before (when an increase was recorded by 13.4%), and private investors – 18967 dwellings, i.e. by 9.2% more (against an increase by 4.3% the year before ).
The share of these forms of construction amounted to 97.7% of the total number of dwellings completed in January-March of 2018 (of which developers – 55.5% and private investors – 42.2%). Less dwellings, in comparison with January-March of 2017, were completed by the housing cooperatives (491 dwellings against 569) and by other investors (552 dwellings against 443 last year). In the public building society construction 405 dwellings were completed (199 dwellings the year before), in the municipal construction 143 dwellings (against 231) and in the company construction 4 dwelling (13 dwellings the year before).
In January-March of 2018 permits and registrations with a construction project have been registered for construction of 66766 dwellings i.e. by 10.8% more than in January-March of 2017 (when an increase was noted by 42.8%). Permits for construction of the biggest number of dwellings were given to investors in the form construction for sale or rent - 43963 dwellings and to private investors - 20683 dwellings. Housing cooperatives were given permits for 307 dwellings (against 505 dwellings the year before) while other investors (the public building society, the municipal and company construction) - 1813 dwellings, i.e. by 50% more then the year before.
