Fewer permits for residential buildings issued in Romania in January-October

The number of building permits issued for residential projects in Romania decreased by 12.9% in the first ten months of the year compared to the same period last year, to 37,790.

In October, the number of permits issued plunged by 22.8% YoY, according to data from the statistics office. However, the built area envisaged by the projects approved in the month was only 1.4% smaller compared to the same month last year.

Of the total construction permits for residential buildings issued in October, 70.2% are for rural areas.

Speaking of non-residential buildings, the number of permits issued in October decreased by 6.4% YoY, but their combined area surged by 44.7% YoY.

andrei@romania-insider.com

(Photo source: Dreamstime.com)

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Fewer permits for residential buildings issued in Romania in January-October

The number of building permits issued for residential projects in Romania decreased by 12.9% in the first ten months of the year compared to the same period last year, to 37,790.

In October, the number of permits issued plunged by 22.8% YoY, according to data from the statistics office. However, the built area envisaged by the projects approved in the month was only 1.4% smaller compared to the same month last year.

Of the total construction permits for residential buildings issued in October, 70.2% are for rural areas.

Speaking of non-residential buildings, the number of permits issued in October decreased by 6.4% YoY, but their combined area surged by 44.7% YoY.

andrei@romania-insider.com

(Photo source: Dreamstime.com)

Normal
 

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