Between January 1 and November 30, 2014, 34,990 building permits for residential buildings were issued, a decrease of 0.7% compared to the period from January 1 to November 30, 2013. In November 2014, 2,715 building permits for residential buildings were issued, down 16.3% compared to October 2014 and 5.6% compared to November 2013.
November 2014 compared to October 2014
In November 2014, 2,715 permits for the construction of residential buildings were issued, of which 63.1% are for rural areas. The regional distribution highlights a decrease in the number of building permits issued for residential buildings in the following development regions: South-Muntenia (-169 permits), North-West (-126), North-East (-122), Center (-63), South-West Oltenia (-59), and South-East (-35). Increases were recorded in the Bucharest-Ilfov (+30 permits) and West (+16) development regions.
November 2014 compared to November 2013
In November 2014, compared to the same month of the previous year, 160 fewer building permits for residential buildings were issued, a decrease reflected in the development regions: Bucharest-Ilfov (-132 permits), North-East (-44), South-West Oltenia (-27), Center (-26), South-Muntenia (-24 permits), and South-East (-11). Increases were recorded in the West (+97 permits) and North-West (+7) development regions.
Period January 1 – November 30, 2014 compared to the period January 1 – November 30, 2013
In the period from January 1 to November 30, 2014, 34,990 building permits for residential buildings were issued, a decrease of 0.7% compared to the period from January 1 to November 30, 2013, a decrease reflected in the following development regions: North-East (-391 permits), Center (-379), South-West Oltenia (-285), South-Muntenia (-225), West (-200), and South-East (-57). Increases in the number of building permits issued for residential buildings were recorded in the Bucharest-Ilfov (+1,117 permits) and North-West (+187) development regions.
Source: Imobiliare.Net
Frequently Asked Questions
How many residential building permits were issued in the first 11 months of 2014?
A total of 34,990 permits were issued between January and November 2014, representing a 0.7% decrease compared to the same period in 2013.
Which region saw the highest growth in building permits in 2014?
The Bucharest-Ilfov region recorded the most significant increase, with 1,117 more permits issued compared to the previous year.
What was the trend for residential permits in November 2014?
In November 2014, permits decreased by 16.3% compared to October 2014 and by 5.6% compared to November 2013.