Housing Permits Rise 43.1% On Month In March

04.29.2013 By Bogdan Neagu

Romanian housing permits rose 43.1% to 3,049 units in March, from 2,130 units a month earlier, the country’s statistics institute INS said Monday.

Compared with March 2012, new building permits were down 3%, the data showed.

Residential constructions in rural areas made up for 65.8% of the new housing permits issued in March.

New permits for non-residential buildings, including administrative structures, stood at 588 units in March, up 50% from the previous month, and 6% more than in the same month of 2012.

In the first quarter of 2013, Romanian housing permits reached 6.873 units, almost similar to 6,875 in the same period a year ago.