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Building permits increased in the third quarter

08-11-2016

In the third quarter of 2016, almost 1200 permits were issued for residential buildings containing nearly 5 thousand homes. These figures appear in the quarterly report of Bulgaria's National Statistical Institute (NSI).

The number of permits issued in the third quarter of the current year exceeded the previous year's figure by 2.5%. The number of homes increased by 5.7% annually. Compared with the second quarter, the number of permits fell by 2.7%, while the number of homes rose by 11.2%. Compared with the first quarter of 2016 , growth was 19.1%.

Sofia and Sofia Region led in permits with 278, followed by Plovdiv Region with 170. Varna and Burgas regions ranked third and fourth with 109 and 104 respectively.

According to the NSI, construction began on more than 800 new buildings with 3145 apartments during the period.

Source: NSI.bg

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