Residential construction in the period of January-November 2018

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In the period of eleven 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-November of 2018, 163.8 thous. dwellings were completed, i.e. by 2.5% more than the year before. Investors of two main forms of construction on the housing market, i.e. developers and private investors completed respectively 98.2 thous. dwellings (by 4.4% more than in the corresponding period of the previous year) and 60.0 thous. dwellings (i.e. by 1.2% less). The share of these forms of construction amounted to 96.5% of the total number of dwellings completed in the period of eleven months of 2018 (of which developers built 59.9% and private investors 36.6% of dwellings). More dwellings, in comparison with January-November of 2017, were completed in the cooperative construction (2.5 thous. dwellings against 2.0 thous.). In other forms of construction (the public building society, the municipal and the company construction) altogether 3.2 thous. dwellings were completed, i.e. by 3.2% more than the year before.

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