Bucharest remains Romania's most active region for residential projects in 2024
The total area of residential projects subject to construction permits issued in January-August in Romania decreased by 12.3% y/y to 2.23 million square meters (sqm), according to data published by the statistics office INS.
iulian ernst · Journalist
· Updated · 2 min read
The total area of residential projects subject to construction permits issued in January-August in Romania decreased by 12.3% y/y to 2.23 million square meters (sqm), according to data published by the statistics office INS.
The construction works volume on residential projects contracted by over 20% y/y in Romania during the first seven months of the year, which dragged down the performance of the entire sector despite mixed results in the non-residential building area and robust increase in the public-funded civil engineering segment.
