Number of building permits for residential buildings decreases by 23.7pct, two months into 2023 (INS)

The number of building permits issued for residential buildings in Romania decreased by 23.7% in the first two months of 2023, y-o-y, according to data with the National Statistics Institute (INS) published on Friday.

Thus, between January 1 and February 28, 2023, 4,650 building permits were issued for residential buildings.

In February 2023, 2,571 building permits were issued for residential buildings (+23.7% as against January 2023), for a total usable area of 796,996 sq.m. (+42.3%).

According to INS, 69% of the total building permits for residential buildings were for the countryside. In February 2023, there was a monthly increase of 492 in the number of building permits issued for residential buildings.

In February 2023, 499 building permits were issued for non-residential buildings (+23.5% as against January 2023), for a total usable area of 356,638 sq.m. (+56.5%). Compared with the previous month, in February 2023 there was an increase in the usable area of building permits issued for non-residential buildings of 128,753 sq. m.

In February 2023, there was a decrease in both the number of building permits issued for residential buildings (-27.4%) and total usable area (-0.8%), y-o-y.

In February 2023, there was an annual decrease in both the number of building permits issued for non-residential buildings (-7.6%) and total usable area (-17%).